Indian finance minister ignores crypto industry’s budget tax plea
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base.
Related Posts
Collateral damage: DeFi’s ticking time bomb
As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics…
Germany looks to blockchain to help decentralize their energy economy
The country seeks to innovate with help from a variety of Blockchain companies. 2070 Total views 44 Total shares The Deutsche Energie-Agentur, also known as DENA — the main governmental group responsible for energy innovation in Germany — looks to put its energy ecosystem on a decentralized database.DENA “has selected Energy Web to design and…
OCC greenlights national banks to run nodes and stablecoin networks
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes. 421 Total views 1 Total shares Monday evening, the Treasury's Office of the Comptroller of the Currency told national banks that they are allowed to run independent nodes for distributed ledger networks.Referring to of independent node verification…
Cashaa Adds Support for Cashing Out Binance Chain Tokens
United Kingdom-based startup Cashaa has developed a fiat gateway for BEP2 tokens on Binance Chain. Announced on April 9, the integration would let users sell and buy tokens directly for fiat currencies.Specifically, Cashaa will support the U.S. dollar, the U.K. pound sterling, the euro and the Indian rupee. The fiat gateway would connect to common…
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.”The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC. Yuga Labs said it assembled a new…
Paraspace NFT protocol co-founder resigns after failing to overthrow CEO
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically. 202 Total views 2 Total shares The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in…
Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space. Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022…
Nasdaq halts launch of cryptocurrency custody service
Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future. 259 Total views 5 Total shares Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter…