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 ISTWarren 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 ISTTelegram 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 ISTFM 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 ISTCentre 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 ISTBritain 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 ISTNew 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 IST5 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 IST5 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 ISTCrypto 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 ISTGovt 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 ISTUkraine 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 ISTInvestors 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 ISTCryptocurrencies 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 ISTNadda'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 ISTBitcoin 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 ISTBitcoin 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 ISTCryptocurrencies 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 ISTRBI'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 ISTASCI 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