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How Bitcoin NFTs Might Accidentally Fix Bitcoin's Security Budget

6.2.2023
Ordinal NFTs have rejuvenated Bitcoin’s transaction fee market. Will it prove useful?

Uzbekistan Collects Over $300,000 From Crypto Sector

4.2.2023
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan...

Defense Fund: Maker’s new contingency budget fund

3.2.2023
The Defense Fund will soon be created following the approval that has come directly from the Marker Governance. The Defense Fund is expected to play a considerable role in reimbursing active MakerDAO participants for all their legal expenses. This development has been shared by Maker through...

Crypto goes without any mention in the 2023 Union Budget

2.2.2023
Several announcements made during the presentation of the 2023 Union Budget are being debated over the internet. One of them is the kind of relief that the Indian crypto industry was expecting but did not get. A boost to the 5G network, artificial intelligence, and green hydrogen made a lot...

Indian Government Introduces New Crypto Tax Penalties

2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...

Here's why India held on to older crypto reforms in national budget 2023

1.2.2023
Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022

India Keeps Restrictive Crypto Tax Rules In 2023 Budget

1.2.2023
Indian Finance Minister Nirmala Sitharaman has unveiled the 2023 budget for the nation

India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

1.2.2023
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because...

Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech

30.1.2023
India is unlikely to change its restrictive crypto tax rules when Finance Minister Nirmala Sitharaman unveils the country’s new budget on Wednesday, CoinDesk has learned

India should reduce TDS on crypto trade in the 2023 budget

27.1.2023
Cryptocurrency in India is going through a process of legal identification. There is little surety if the country will legalize the digital currency considering that the digital rupee has started circulating in the market. An application of 1% TDS on the transfer of virtual digital assets worth...

Crypto Tax Proposed by Lawmakers to Fund EU Budget

24.1.2023
Taxing capital gains, mining or crypto transactions are all being examined to fund the bloc’s $185 billion annual spending

High On Life's Satire Isn't Just Good, It Stunts On Big-Budget Games

4.1.2023
Over the 420-induced blur that was my Christmas to New Year’s, I spent about 16 hours finishing High on Life’s campaign. It was a pleasant way to unwind in the final days of 2022, and the game got quite a few laughs out of me, not to mention more than a few raised eyebrows and groans. But most...

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

30.12.2022
Italian Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

27.12.2022
Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in...

Italy Wants to Tax Crypto Gains at 26% From 2023

1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...

Russia Prepares to Create Government-Controlled Crypto Exchange

24.11.2022
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of...