The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.” 30% on Crypto Income […]
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareholders when that merger is completed later this year. Shareholders will receive 0.24 shares of Warner Brothers Discovery for each AT&T share they now own. AT&T also said
Stocks making the biggest moves in the premarket: AT&T, AMC Entertainment, UPS and more Read More »
Julian Lennon auctions off The Beatles memorabilia as NFTs, Italian brands Gucci and Lamborghini develop NFT collections with both digital and physical elements, and Atari develops giftable NFTs for its 50th anniversary. Let’s start off the week with the latest nonfungible token (NFT)-related news in today’s Nifty News. The following collections are either ongoing or
Nifty News: The Lennon Collection, Gucci and Lamborghini NFTs, Atari’s 50th anniversary Read More »
A cafe in the northeastern corner of Thailand has become a meeting point for cryptocurrency traders, according to Reuters reported on Jan. 30. A large display screen capable of showing the latest cryptocurrency market developments has also been added to the cafe called HIP Coffee & Restaurant. One of the clients, 23-year-old trader Apakon Putnok, said
Thai Cafe Welcomes Traders to Offer Crypto Advice Read More »
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Moreover, 77.4% of respondents want cryptocurrency to be treated as securities. Indian Crypto Survey: 82% Plan to Invest in Crypto Once It Is Regulated Professional services firm Deloitte
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019. The Diem Association is shutting down. Silvergate Bank confirmed Monday that it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (formerly Facebook) first announced as Libra in June 2019. In a statement Monday, the Diem Association
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets Read More »
