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Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%


An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....

Musée – the User Owned NFT Marketplace and Gallery


2021 continues to bear witness to the continual rise in non-fungible token (NFT) prevalence and innovation. Following on from 2020 – where the NFT market was claimed to have tripled in total transaction value – NFT sales in just the first quarter of 2021 reached over a whopping...

New Kenyan Digital Tax to Affect Crypto Platforms


Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value


The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...

5 Crypto Cashback Solutions That Award You Satoshis to Shop


Cashback is a popular ecommerce system that administers rewards and rebates for shopping. Every time you shop online, and in some cases in-store, you’ll earn up to 1% of the transaction value back. Traditionally administered in cash or rewards points, certain cashback schemes now dispense...

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