Search Results for: crypto income

Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions

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Indija’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted….

Data Shows Global Financial Conditions Tightest in 2 leta, Shaky Bond Markets Point to Long-Run Inflation

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At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial…

Billionaire Bill Miller Shares Current Crypto Outlook: ‘It’s Very Bullish for Bitcoin’

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Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them…

Ameriški senator poziva regulatorje, naj povečajo nadzor nad kriptovalutami, saj tvega spodkopavanje sankcij proti Rusiji

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ZDA. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could Use Cryptocurrency to Evade Sanctions As…

Coinbase’s Trading Volume Grew 8.5 Časi v 2021 — With 89 Million Verified Users

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The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. Poleg tega, Coinbase’s trading volume grew more than…

Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials

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The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to seize the assets through court if…

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

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Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of…

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence

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The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, pranje denarja, computer fraud, tampering with records, documents, and other objects, and destruction of records in…

French Connection Finance: FCF Pay Partners With 500+ E-Commerce and in-Store Merchants

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French Connection Finance (FCF) is a dividend generating cryptocurrency that runs on the Binance Smart Chain (BSC) omrežje. FCF is building an ecosystem that benefits investors whilst developing products that have strong real-world value. This story will cover four exciting aspects…