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Russian Law Requires Election Candidates to Disclose Their Crypto Assets


The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians...

Crypto Donations To 'Freedom Convoy' Evade Government Seizure - Report


  Despite the efforts by the Canadian government, most of the CAD 1.1m (USD 874,000) worth of cryptoasset donations made to the trucker protests (aka "Freedom Convoy"), an initiative that evolved out of the anti-COVID-19 health mandate protests, have reportedly dodged seizure by...

Indian Government Imposes New Crypto Laws Affecting Investor Sentiment


It has been obvious for so long that the Indian Government viewed the advent of cryptocurrencies to be a danger to the economy. So, finance minister Nirmala Sitaraman announced various policies related to the crypto industry in the budget for 2022. It included the creation of a new centralized...

Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions


India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals...

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