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Tag: Crypto bill

India’s crypto-survey: Many to invest in the asset class, but only after regulatory clarity

2021 came and went without India getting the much awaited crypto-regulation bill. Now, however, many are hoping that the Budget will provide more details about how the Indian government authorities will tax crypto-assets. A survey by the national Indian newspaper Times of India and commercial services company Deloitte revealed more about how regulations impact Indians’ […]

India: Crypto-bill unlikely to make it to Parliament’s Budget session

While the crypto-industry in India is hopeful about regulatory clarity when Budget 2022 comes around, local media reports say it is unlikely that the bill will be introduced on 1 February. AMBCrypto spoke to CREBACO’s Sidharth Sogani to understand where the bill is at right now. According to the exec, the bill is unlikely to make it […]

Indian Government Needs More Time to Finalize Crypto Bill: Report

Indian Government Needs More Time to Finalize Crypto Bill: ReportIndian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build a consensus on a regulatory framework for crypto. Crypto Bill Unlikely to […]

KuCoin report shows which coins Turkish investors are using to fight inflation

Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companies have noted Turkish crypto investors’ interest in assets such as stablecoins to serve as an inflation hedge. To that end, the crypto exchange KuCoin […]

India: Calls for crypto regulations intensify ahead of Budget Session 2022

India’s digital payment system and financial services company, Paytm, had previously stated that it might dive into crypto once the regulatory environment becomes favorable. Now, with the Indian Budget session coming up, CEO Vijay Shekhar Sharma has spoken in favor of implementing regulations. He told ET,  “No technology should be blocked. Technology should be shaped and […]

Bill Seeking To Ban Fed From Issuing Crypto To Consumers Proposed

A bill seeking to ban FED from issuing crypto to consumers was proposed recently by Tom Emmer due to privacy dangers posed by the Chinese digital yuan so let’s read further in today’s crypto latest news. The proposed law will prevent the FED from giving CBDCs accounts to consumers and the sponsor of the bill […]

Will Indian investors have to pay 42% income tax on their crypto assets

In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn’t mean the government has shelved its plans to regulate the industry. In fact, Indian media publications are abuzz with whispers of new crypto policies and institutional developments. A most taxing question According to […]

Turkey parliament to evaluate new crypto framework

According to a senior government official, the Turkish Parliament’s impending crypto laws do not contain a 40% tax on cryptocurrency. Turkey’s cryptocurrency investors can exhale a collective sigh of relief. In the coming weeks, Parliament will receive a legal framework that prioritizes openness, safety, and auditability of crypto exchange platforms.  The framework’s secondary goal is […]

The post Turkey parliament to evaluate new crypto framework appeared first on BitcoinerX.

US Senator Plans on Introducing Comprehensive Crypto Bill in 2022: Report

US Senator and long-time crypto advocate Cynthia Lummis of Wyoming is planning on launching a new comprehensive bill on crypto next year. Bloomberg said the bill would be one of the first attempts at creating sweeping rules on cryptocurrencies subject to Senate approval. As per the report, Lummis says she wants to introduce legislation on […]

The post US Senator Plans on Introducing Comprehensive Crypto Bill in 2022: Report appeared first on Coin Bureau.

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