In order to deter crypto trading activities in the country, the Indian government has imposed hefty taxes on crypto profits over the last year and
Tag: Crypto
India Deploys Dark Net Monitor Against Crypto Crime
Amid a concerning rise in cryptocurrency-related scams, India is taking definitive strides forward. Significantly, the Ministry of Home Affairs (MHA) has inaugurated a state-of-the-art Cryptocurrency
Are Crypto Companies Leaving US? XRP Lawyer Reveals Concerning Trend
Pro-XRP attorney John Deaton has reported that, like Ripple’s CEO, other CEOs have joined to hire overseas and exclude investors from the U.S. This revelation
UK FCA Cracks Down on Unregistered Crypto Firms
The UK’s Financial Conduct Authority (FCA) has sounded the alarm after being troubled by the number of unregistered crypto firms showing a “lack of engagement”
Hungarian Authorities Seize $1M in Crypto in Major Tax Evasion Sting
Hungary’s National Tax and Customs Authority (NAV) has significantly moved against cryptocurrency-fueled tax evasion. In a recent operation, NAV confiscated $1 million of digital assets
UK Faced ‘Political Pressure’ to Embrace Crypto
Charles Randell, former chair of the UK’s Financial Conduct Authority (FCA), dropped a bombshell during a conference hosted by the Prudential Regulation Authority. He claimed
India Accounts for 20% Global Crypto Activity, Ranks Second In Crypto Adoption
Despite having a challenging regulatory and tax environment, a recent report from Chainalysis revealed that India is emerging as a top cryptocurrency market from the
Ex-Deutsche Banker Russell Pleads Guilty to Crypto Fraud
On Tuesday, Rashawn Russell, a former Deutsche Bank investment banker, admitted his guilt in a courtroom, settling cryptocurrency fraud allegations. This move comes after months
Ripple XRP CEO Set To Meet US Congressmen Over Crypto Bills
Over two months after grabbing a landmark win in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), a full fledged team of
Thailand Targets Crypto Traders With New Tax Rules
Starting January 1, 2024, Thailand plans to revamp its income tax laws concerning money earned abroad. This change includes earnings from cryptocurrency trading, offshore accounts,
