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India
India Imposes 30% Tax on Crypto Transactions
India has passed a new law that will impose a 30% capital gains tax on cryptocurrency transactions, putting digital assets in the same taxation category as traditional stocks. “The Hash” discusses what this means for Indian crypto companies like Polygon, which now operate in a hostile market.
India Passes Crypto Tax Law, EU Moves Forward With MiCA Bill
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how India’s new crypto tax law, which will impose a 30% capital gains tax, could impact the country’s local Web 3 scene and possibly create a “brain drain.” Plus, a conversation about the EU’s MiCA bill and its implications for the European crypto industry.
Bollywood Icon’s Tax Bill; Metaverse Fashion Week Opens
China’s ZTE registers metaverse trademarks. Indian superstar Amitabh Bachchan chased over NFT tax. Decentraland offers a glimpse into the future of fashion at its Metaverse Fashion Week. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Malaysia’s Crypto Proposal; Hong Kong’s 11-Year-Old NFT Coder
Malaysian minister proposes making Bitcoin legal tender. India rules out offsetting crypto losses. Rate hikes and the outlook for crypto. An 11-year-old Hong Kong-born programmer gets into NFT business. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China Seizes Mining Rigs; Ukraine Crypto Backlash Warning
China busts mining operation disguised as E-V charge station. India sees future and possibility of revenue in crypto. Russians look to preserve value of cash, while Ukraine reiterates call for crypto exchange ban. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Binance Assembles Sanction Task Force; India Seeks Bitcoin Clarity
Russian soldiers offered crypto for surrender. Binance working to comply with sanctions on Russia. India’s Supreme Court asks government for answer on crypto legality. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Losses Not Protected in China; India’s Bitcoin Premium
Chinese court reiterates stance that the law cannot cover crypto losses. Chinese tech giant Alibaba offers NFTs as blockchain game rewards. Indian investors hungry for bitcoin despite premium. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Metaverse Moon Date; Russian Tensions Hit Crypto
Metaverse ETF to launch in Hong Kong. India’s Mingout tries dating on the moon. Crypto market slides as Russia-Ukraine fears rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Pakistan’s Crypto Warning; Indian Banks’ Crypto Reluctance
Russia proposes crypto mining hotspots. State Bank of Pakistan’s governor warns crypto risks outweigh benefits. India’s central bank stranglehold leaves banks hesitant over crypto. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Indian Crypto Exchanges Met With Finance Ministry Officials to Seek Tax Reconsideration
Representatives of India’s crypto industry met with senior policymakers at the Finance Ministry in a bid to make officials reconsider some aspects of the new crypto taxation policy. “The Hash” team discusses the state of crypto regulation in India.