The Block: MicroStrategy buys more bitcoin for $25 million

The Block: India to tax crypto income at 30%, launch CBDC in the fiscal year 2023

Tuesday, 01 February 2022 08:30

India has provided a much-anticipated clarity on crypto taxation in its Union Budget for the fiscal year 2022-23. The post India to tax crypto income at 30%, launch CBDC in the fiscal year 2023 appeared first on The Block.

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The Cryptonomist: Thailand stopping the tax on Bitcoin trading

Tuesday, 01 February 2022 09:17

The capital gains tax remains The post Thailand stopping the tax on Bitcoin trading appeared first on The Cryptonomist.

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Coingape: Just-In: Crypto Becomes Legal In India, Here’s All You Need To Know

Tuesday, 01 February 2022 09:19

The festival for crypto fans is finally coming to an end in India. India on Tuesday proposed the launching of the digital Rupee by next year. It also proposes a 30% income tax on earnings from the transfer of virtual digital assets such as cryptocurrencies and NFT’s.…

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ZyCrypto: Senior IMF Official Says Crypto Poses “Acute Risks” For Emerging Economies

Tuesday, 01 February 2022 10:04

Days after the International Monetary Fund (IMF) urged El Salvador to ditch bitcoin as legal tender, a top official from the organization has voiced concerns over risks involved with cryptocurrencies especially in emerging markets. Price Fluctuations In Crypto Are Destabilizing Developing Nations The IMF, a UN organization…

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The Block: Bitcoin worth $2.5 billion moved by 2016 Bitfinex hackers: Almost all funds now transferred

Tuesday, 01 February 2022 10:55

Bitfinex hackers who stole funds from the crypto exchange in 2016 have moved 64,643 bitcoins (worth nearly $2.5 billion at current prices). The post Bitcoin worth $2.5 billion moved by 2016 Bitfinex hackers: Almost all funds now transferred appeared first on The Block.

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cryptodaily.co.uk: Visa Earnings Report Highlights Surge In Crypto Asset Purchases

Tuesday, 01 February 2022 11:00

Payments technology firm Visa's latest earnings report shows that spending for crypto assets through its cards has surged in the first fiscal quarter of the year, with over $2.5 billion spent in transactions between October to December of 2021. "People are using crypto-linked cards to spend in…

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cryptodaily.co.uk: GameFi is Bringing a Whole New Economy to Blockchain Users - How One Firm is Disrupting The Game

Tuesday, 01 February 2022 11:15

To Affynity and beyond with this blockchain startup that is raking in the funds even before the launch of its disruptive new metaverse. Affyn, a Singapore based company is weeks aways from launching its unique Metaverse game, which leverages a combination of augmented reality by geo mapping…

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cryptodaily.co.uk: Ark expects crypto and digital wallets to encompass a market cap of $50 trillion by 2030

Tuesday, 01 February 2022 11:30

Cathie Wood’s Ark Invest published its Big Ideas report last week. Blockchain and crypto figured prominently in the report, and one of the stand-out predictions within it was for Bitcoin to hit $1.36 million by 2030. Public Blockchains “We believe bitcoin is the most profound application of…

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The Block: Crypto market stages comeback with Solana, Terra leading rally

Tuesday, 01 February 2022 13:09

Solana and Terra were both trading up by double digits at the time of writing — a reversal from the brutal January for coins. The post Crypto market stages comeback with Solana, Terra leading rally appeared first on The Block.

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