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A tax proposal on crypto from India’s Finance Minister Nirmala Sitharaman may be closer to becoming law as the country’s lower house of parliament is scheduled to consider the legislation on Thursday.According to a Wednesday publication, Sitharaman will be introducing appropriation and finance bills for 2022 to the Lok Sabha
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Indian crypto tax policy became even more complicated just a week before the new tax laws are set to come into effect. A new parliamentary note answering queries about the new tax policies on virtual digital assets suggests that traders can’t offset their losses from one digital asset against profit on
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Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptocurrencies in Russia, it appears to have reevaluated its policy. In a press release published on Thursday, the CBR added the country’s biggest lender, Sberbank, to its
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U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their
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Platforms of both major parties mention digital assets during a campaign that is historically close Source
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Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once they pass policy,” said O’Leary. U.S. Senators Working on Crypto
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The non-profit is also raising funds in bitcoin but Patreon was the most convenient way for foreigners to donate to the fund, according to the charity's director. Source
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Bitcoin was rejected once more as it approached the mid area around its current levels. The first crypto by market cap has been trending to the upside over the past week but has been unable to break above critical resistance. Related Reading | TA: Ethereum Eyes Key Upside Break, $3K Holds
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The Federal Reserve is scheduled to release minutes of its January meeting later Wednesday but just taking a glance at data over the past month gives an idea of how much expectations have changed since then. Original Source
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India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors. Economic Affairs Secretary Discusses Cryptocurrency Regulation in India India’s economic
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