crypto

Ripple's native token XRP has been high in demand among investors, thanks to the possible outcome over its lawsuit against US Securities and Exchange Commission (US SEC). The altcoin has zoomed about 25 per cent in the last 24 hours, with…

(This story originally appeared in on Feb 08, 2022)India became one of the few countries to tax digital assets like cryptocurrencies and NFTs (non-fungible tokens) when finance minister Nirmala Sitharaman announced a 30% tax on transfer of…

Nithin Kamath, CEO and co-founder at Zerodha, says with tax deduction at source (TDS) at 1 per cent being implemented from July 1, crypto volumes in India will drop off the cliff. In a series of tweets, Kamath compared 1 per cent TDS on all…

Following the groan-worthy commercials starring Matt Damon that are selling Cryptocurrencies during NFL games, Marvel Studios star Brie Larson has become the latest celebrity to get in on the NFT game and she was met with immediate…

The new regulation to tax virtual digital assets could create trouble for many multinationals and companies due to the broad definition of the framework that doesn’t use the word "cryptocurrency" anywhere, say tax experts. The broad…

Mumbai: User sign-ups on crypto platforms jumped 30-50% on budget day Tuesday, when the finance minister announced a proposal to tax digital assets. While crypto investors and exchanges looked for the fine print in the proposal, some viewed…

Speaking to ANI, Finance Secretary said, "Digital rupee will be backed by RBI which will never default. Money will be of RBI but the nature will be digital. The digital rupee issued by RBI will be the legal tender. We can purchase…

The value of most cryptocurrencies have plummeted in recent weeks, wiping out billions of dollars of wealth.And instead of mostly harming crypto enthusiasts, like previous crashes have, the impact was felt widely.Cryptocurrencies have seen…

New Delhi: The global crypto industry is awaiting the outcome of the Fed's two-day policy meeting, which will be released on Wednesday. The hawkish stance from the Fed and signals of four rate hikes in 2022 has spooked the global markets…

(This story originally appeared in on Jan 25, 2022)When you make a UPI payment, your bank settles the amount on your behalf at the end of the day. Digital payments like UPI are electronic instructions that authorise intermediaries such as…