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Blockchain & crypto news from India

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Blockmagic

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Tag: digital asset tax

US SEC

US IRS will treat NFTs as cryptocurrencies for taxation

  • Blockmagic
  • Posted on October 24, 2022

Figuring out what cryptocurrencies are is the first step towards bringing them under tax regulations. The Internal Revenue Services of the US is now using the term “digital asset” rather than virtual currency. The change makes the concept much broader in scope, so as to include all blockchain related products that may have the nature…

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Crypto News

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Ethereum steps closer to Shanghai upgrade with stake withdrawal feature
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DiFi platforms second most vulnerable in 2022, US$1.8 billion lost
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Coins & Tokens

Switzerland’s City of Lugano goes “full Bitcoin”
Switzerland’s City of Lugano goes “full Bitcoin”
January 7, 2023
Ethereum tokens were “scams that have robbed people of billions”, says Paxful CEO
Ethereum tokens were “scams that have robbed people of billions”, says Paxful CEO
December 22, 2022
New York State passes law to curtail fossil-based crypto mining with POW
New York State passes law to curtail fossil-based crypto mining with POW
November 26, 2022

Markets & Investment

Ethereum steps closer to Shanghai upgrade with stake withdrawal feature
Ethereum steps closer to Shanghai upgrade with stake withdrawal feature
January 25, 2023
Post FTX jolt, Solana loses two top NFT projects to rival Ethereum and Polygon
Post FTX jolt, Solana loses two top NFT projects to rival Ethereum and Polygon
December 27, 2022
The FTX Fallout: where is the crypto world headed
The FTX Fallout: where is the crypto world headed
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Events

Blockchain Life 2023 to be held in February in Dubai
Blockchain Life 2023 to be held in February in Dubai
December 12, 2022

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