Arizona and Wyoming have introduced proposals for their states to introduce tax payments by digital currency India is working toward incorporating a digital rupee, including the implementation of a 30% tax on income earned from digital currency investments to begin during 2022 LQwD’s growth is centered on the success of the Lightning Network and the … Continue reading "Amid Growing Interest in Cryptocurrencies, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Roots Growth in Lightning Network Success in 2021"

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India has one of the largest crypto economies in the world, but the country is yet to enforce a clear regulatory framework on cryptocurrencies. The [...]

While reiterating India’s Central Bank's concern about cryptocurrencies, the Reserve Bank of India (RBI)…

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Indian finance minister Nirmala Sitharaman on Friday said that it was a “sovereign right” of the central government to impose taxes on cryptocurrency transactions. She replied to the Rajya Sabha on the general discussion on the Union Budget that was presented earlier this month. The Indian finance ministry announced a 30% tax on cryptocurrency transactions which received […]

On Thursday, the Reserve Bank of India (RBI) governor Shaktikanta Das made it clear that private cryptocurrencies are a threat to macroeconomic and financial stability and undermine its ability to deal with challenges on the two fronts. Cautioning investors, the central bank’s governor said such assets have no underlying whatsoever, not even a tulip. The […]

The cryptocurrency industry is attracting more and more attention as the global population becomes more sophisticated. Different countries have different attitudes towards this emerging technology. While some of them are friendly, others remain reluctant. However, this does not stop people from taking an interest in digital assets.

An Indian couple has uniquely digitized their wedding. The couple integrated non-fungible tokens (NFTs) in their event. The NFTs will run on the Ethereum blockchain. [...]

Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax […]

The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulations later this year. According to statements from Guillermo Avellan, the Central Bank of Ecuador manager, this will bring more clarity to the cryptocurrency industry in the country and contribute to preventing crimes such as money laundering. More and more central banks and financial regulators […]