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Advisor Network Cryptocurrency Digital Money Economic & Finance Laws & Registration Laws & Taxes Market Overview Politics

India to impose a 30% tax on Cryptocurrency; What expert says

India’s Finance Minister Nirmala Sitharaman announced to impose a 30% tax on cryptocurrency. Partner at IndusLaw, Ritesh Kumar, told Business Insider, “The 30% rate of tax and restriction to set-off losses is a very bold move in discouraging transactions in crypto.” Nirmala Sitharaman, Finance Minister of India, said during the Union Budget 2022-23, “Cryptocurrencies will […]

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Advisor Network Cryptocurrency Economic & Finance Fintech Market Overview

Russia to impose a ban on Cryptocurrency Trading and Mining

Russia’s Central banks make a move against Cryptocurrency. Russia decides to impose a ban on cryptocurrency trading and mining. Pavel Durov, the founder of the telegram, says that “Russia’s Crypto ban might drive out IT professionals and no developed countries ban cryptocurrencies.”  The third-largest Crypto mining nation outlaws Crypto trading and mining. Russia’s move against […]

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