The introduction of 30% tax on digital assets has impacted the crypto industry, leading to trading volumes in main crypto exchanges plunging by 90% and entrepreneurs in the Web 3.0 space shifting base abroad
Crypto trading is now more popular in India than ever before. Cryptocurrencies are profitable, but the Indian government hasn’t decided how to regulate the market yet. That means both the investors and traders have to focus on protecting their funds while keeping an eye out for legal changes. In this article, we’re going to tell you whether crypto is legal and how to start trading it.
These three news headlines hammer home the current craze over cryptocurrencies, the world over. India is also no stranger to virtual currency and the rage has kicked in strongly. The government is mindful of the consequences of regulated use of cryptocurrencies and has made moves to regulate it by bringing its trade under the tax net.
Each of the modern crypto exchanges tries to attract as many new users and potential customers as possible, because the more customers the exchange has, the more popular it is. It is worth mentioning that everyone is attracted by registration bonuses and holiday gifts, with which it is possible to start trading on the exchange without special risks.
Cryptocurrencies have seen a great surge of international popularity in the last few years, and the United Kingdom is not an exception. However, crypto still remains unregulated and rather risky, not to mention the market’s extreme volatility. In this brief guide, we explain the basics of crypto trading in the UK and recommend a couple of trustworthy brokers for beginners.
Any monetary transactions are necessarily taxable. A specific interest rate is set for each such transaction. Receiving income from cryptocurrencies entails expenses, including tax. So how should virtual coins be accounted for? We will try to look at all the nuances of taxation in CA in as much detail as possible!
Australia is going to be a global digital innovation leader. In the development of draft legislation, the local government uses the experience of other regulatory bodies and blockchain functions. Australian law doesn’t treat cryptocurrency as money, but it is legally regulated.
The majority of users need to cash out cryptocurrency. Most traders sell Bitcoins through exchanges and exchanges. This method is most often chosen primarily for its speed, convenience, and safety. Now an increasing number of people have become owners of cryptocurrencies....
Many cryptocurrency traders have been familiar with Coinbase products for a long time. Until recently, the company had two main projects: the eponymous blockchain wallet and the GDAX cryptocurrency exchange. Relatively recently, the company launched the Coinbase Pro exchange, which has more advanced trading functionality that will be appreciated by advanced traders.