Search

Nalezeno "government": 6502

CTFC looks at expanded authority to regulate crypto, for less than a 10% budget increase

29.3.2022
The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers

Indian state gov't uses Polygon to issue verifiable caste certificates

29.3.2022
In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits

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

29.3.2022
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....

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

29.3.2022
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some...

Vietnamese Government and Central Bank Developing Legal Framework for Crypto

29.3.2022
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework...

Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

29.3.2022
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains

An In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs

28.3.2022
According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied...

Russian government official calls to legalize mining ‘as soon as possible’

28.3.2022
The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...

Is Austin the next US crypto hub? Officials approve blockchain resolutions

27.3.2022
The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation

Ukraine’s Government Launches ‘Museum of War’ NFT Collection

26.3.2022
The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set...

Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says

26.3.2022
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender...

Ukraine launches NFT museum 'to keep the memory of war'

25.3.2022
"While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech," said the country's minister of digital transformation Mykhailo Fedorov

Crypto tax policy framework passes India's parliament despite pushback from lawmakers

25.3.2022
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1

Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas

25.3.2022
Bitcoin moved past its $45,000 price ceiling, after it was reported that the Russian government was considering accepting it as payment for energies. The news sent BTC to a 24-day high, whilst ETH also climbed to a five-week peak. Bitcoin BTC was trading almost 5% higher on Friday, as markets...

Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim

25.3.2022
Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assault on Ukraine, now says it’s also targeting foreign companies still operating in Russia....