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India Considers Imposing 28% GST on All Crypto Transactions: Report


The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...

Kraken Enters NFT Game with Waitlist for New Multi-Chain Marketplace


  The US-based crypto exchange Kraken is planning to launch a non-fungible token (NFT) marketplace and is now inviting users to sign up on a waitlist for the new platform. The new marketplace, dubbed Kraken NFT, will work across multiple blockchains, with "zero gas fees" for trades within...

Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil


The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...

Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says


Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia...

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets


The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List...

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