Cryptocurrency

Bad news for Crypto lovers! NFT sales plummet 92%, several art owners lose money

The sale of NFTs fell to a daily average of about 19,000 this week, a 92 per cent decline from a peak of about 225,000 in September, reports Wall Street Journal, citing the data.

May 05, 2022, 17:42 PM IST

Warren Buffett won't pay even $25 for all Bitcoin in the world

Addressing Berkshire Hathaway's annual shareholder meeting, the ace investor said Bitcoin is not a productive asset and doesn't produce anything tangible, reports CNBC.

May 03, 2022, 09:51 AM IST

Telegram now lets users send cryptocurrency

According to Protocol, the addition could make crypto payments on messaging platforms more mainstream.

May 02, 2022, 17:11 PM IST

FM Nirmala Sitharaman vouches to regulate crypto at global level to check money laundering, terror funding

Finance Minister said that as long as the non-governmental activity of the crypto assets was through unhosted wallets, the regulation was going to be very difficult.

Apr 19, 2022, 20:52 PM IST

Centre working on FAQ on taxation of crypto, virtual digital assets

The set of Frequently Asked Questions (FAQ) is being drafted by the Department of Economic Affairs (DEA), RBI and Revenue Department. 

Apr 10, 2022, 22:19 PM IST

Britain sets out plan to exploit crypto potential

All stablecoins that reference a fiat currency should be regulated, the government said.

Apr 04, 2022, 22:11 PM IST

New Crypto Tax rules in India from today, April 1: Key details want to know

Taxation of virtual digital assets (VDAs) or "crypto tax" proposed in the Union Budget 2022-23 is set to be implemented from April 1. 

Apr 01, 2022, 10:45 AM IST

5 big income tax rule changes effective from today, 1 April 2022

From today, April 1, several rules related to personal taxation is going to change. 

Apr 01, 2022, 09:25 AM IST

5 major income tax rule changes effective from 1 April 2022

From April 1, several rules pertaining to personal taxation is going to change. 

Mar 30, 2022, 13:16 PM IST

Crypto Tax rules in India from April 1: Key details want to know

After the approval of the above, taxation of virtual digital assets (VDAs) or "crypto tax" proposed in the Union Budget 2022-23 is set to be implemented from April 1. 

Mar 28, 2022, 11:37 AM IST

Govt bringing cryptocurrency under GST? Here's what you need to know

GST officials believe that cryptos, by definition, are akin to lottery, casinos, betting, gambling, and horse racing, all of which are subject to a 28% GST on the total value.

Mar 21, 2022, 17:06 PM IST

Ukraine legalises cryptocurrency to fight Russian invasion

Ukraine has legalised cryptocurrency as the country received donations worth tens of millions of dollars from individuals and groups to help it fight the Russian invasion.

Mar 17, 2022, 21:06 PM IST

Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto space in the last three weeks of February. VCs poured in another $400 million to start-ups in the sector last week, data showed.

Mar 15, 2022, 08:53 AM IST

Cryptocurrencies in a time of war

The paths of bitcoin and stocks have since entwined again, albeit to differing degrees.

Mar 05, 2022, 17:26 PM IST

Nadda's Twitter account briefly hacked, tweets asking for crypto donations for Ukraine, Russia posted

"Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin and Ethereum," one of the tweets read.

Feb 27, 2022, 10:07 AM IST

Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto

US President Joe Biden has announced new sanctions and limitations on what can be exported to Russia. The US will block five of the biggest Russian banks and freeze all assets they hold in America, worth over $1 trillion.

Feb 25, 2022, 16:51 PM IST

Bitcoin legal or not? Supreme Court asks Centre to clarify position on crypto

The government has recently introduced a tax on virtual assets. 

Feb 25, 2022, 12:10 PM IST

Cryptocurrencies fall after Russia invades Ukraine

Bitcoin slumped to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets.

Feb 24, 2022, 14:59 PM IST

RBI's views might have delayed crypto bill, Digital Currency will be introduced in FY23: RBI Deputy Guv

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it.

Feb 24, 2022, 12:27 PM IST

ASCI issues guidelines for crypto, NFTs advertisement and promotion

ASCI guidelines also maintain that the words “currency”, “securities”, “custodian” and “depositories” may not be used in advertisements of VDA products.

Feb 23, 2022, 12:16 PM IST