Page 40 - Cryptocurrency

CBDT proposes common ITR with focus on crypto assets declaration

New return to also seeks details on foreign equity and debt held by resident Indians; much more exhaustive list for NRIs

TMS Ep293: OTT apps, Collegium system, IPOs this week, Crypto mining

Do we have a way to regulate OTT apps now? Is it time to rethink the collegium system of judicial appointments? Are the IPOs opening this week worth your money? What is crypto mining? Answers here

Musk sets up A team to rejig Twitter, seeks to change verification process

According to a report from The Verge, he has asked employees to change Twitter Blue, a monthly subscription service costing $4.99 to a much more expensive new subscription

Musk's favourite crypto doubles in value, skeptics issue warning

Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks

How Elon Musk could put more crypto on Twitter after taking charge

Since Dorsey's departure last November, Twitter has added Ether tipping, nonfungible token profile pictures and USD Coin stablecoin payments for a select group of creators

CBIC seeks details on digital assets from India's top crypto bourses

Crypto exchanges have been asked to furnish details this month itself

Crypto wrap: Markets rally on expectation of softer stance from US Fed

Bitcoin crossed the $ 20,000 mark, and Ethereum was above the $ 1,500 mark for the first time since it concluded "Merge" in September

Binance confirms equity investment in Elon Musk's Twitter buyout deal

Binance Holdings, the world's largest cryptocurrency exchange, confirmed that it's an equity investor in Elon Musk's $44 billion acquisition of Twitter Inc

NFT fever high among Indian celebrities, consumers still catching up

The overall value of the NFT market is expected to rise to $231 billion by 2030, says report

Three Indian crypto exchanges under lens for Rs 28,000 crore drug trade

Around 200 transactions conducted in Nigeria, the Cayman Islands and the British Virgin Islands, have been zeroed upon by the FIU, these were routed through exchanges located in India

Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade

The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the 'Merge', a report shpowed on Wednesday

Crypto Exchange FTX to provide $6 million phishing compensation to users

Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website

Apple Inc issues new app store guidelines for crypto and NFT payments

Apple Inc. updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptocurrency trading and non-fungible tokens

Crypto weekly wrap: Experts see Bitcoin at 19,600, Ethereum at 1,300 soon

After the release of the UK's inflation data showing inflation for September at 10.1 per cent, the crypto markets plunged

Shardeum raises $18 mn in seed round from a clutch of 60 investors

WazirX founder Nischal Shetty, also co-founder Shardeum, says crypto world needs to work with regulatory bodies

Interpol's crack team to 'follow the money' in crypto crimes, says official

Red corner notice not tantamount to international arrest warrant: Jürgen Stock

Crypto weekly wrap: Tokens recover after plunging post-US inflation data

Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released

FM Sitharaman calls for effective tax reporting regime on crypto assets

Finance Minister Nirmala Sitharaman on Thursday called for an effective tax reporting regime and information exchange between jurisdictions for crypto assets to combat offshore tax evasions. Participating in the G20 Finance Ministers and Central Bank Governors meeting here on the sidelines of the annual meetings of the IMF and the World Bank, Sitharaman intervened on a number of critical issues, including infrastructure, investments and international taxation. On scaling up sustainable and digital infrastructure investments, she highlighted the need to leverage private sector participation. She also spoke on mobilising finance at sub-national level for inclusive and quality infrastructure. The last session of the ongoing G20 meeting saw discussions on the progress made on the agenda of international taxation during this year. On the two-pillar solution, the finance minister called for participative engagement of all jurisdictions in negotiations and prioritising capacity building.

Crypto hackers set for record year after looting over $3 billion: Report

Hackers have become adept at exploiting weaknesses in the security, coding and structure of DeFi marketplaces

Crypto industry's winter deepens as trading volumes plunge, funds dry up

Volumes tumble over 80% in Jan-Sept; several entities receive 'drawdown notices' from investors