Indian Parliament Member Asks Government to Tax Crypto Income More Than 30% – Taxes Bitcoin News

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 Parliament Member Wants to Tax Crypto Income More Than 30% India’s Finance Bill 2022 containing the proposed 30% tax on crypto income is now being considered in Rajya Sabha, the upper house of India’s parliament. Parliament member Sushil Kumar…

🔴 BIG CRYPTO NEWS – Kevin O' Leary Crypto Regulations – Microsoft Cryptocurrency Job – OKX Exchange

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In Crypto news today Kevin O’Leary met with members of Congress to push for crypto regulations to help more institutional investors enter the market. Microsoft posts a bullish job posting. $1.3 billion was invested in crypto companies and funds this week. OKX exchange partners with Manchester City. NFT infrastructure startup Rarify has secured $10 million via a Series A led by Pantera Capital. Pizza chain Papa Johns is giving away NFTs minted on the Tezos blockchain. Sponsor 🔥 Sign Up with OkCoin…

Institutional crypto funds see largest capital inflows for 3 months

CoinShares data revealed on Tuesday that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of $47 million. The Digital Asset Fund Flows Weekly Report revealed that investment products for digital assets saw total inflows of $193 million last week, a level not seen since early December 2021. The last time investment levels were near the current figure was in the week ending on Dec. 3, which saw $184 million worth of inflows. The fund flows had…

FlatQube DEX Unveils QUBE Utility Token and Sets DAO Governance in Motion – Sponsored Bitcoin News

sponsored Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for a rebranding to reflect how the project has come into its own as a mainstay of the DeFi industry, distinct from its origin as a continuation of the no-longer active Telegram TON project. Under the hood, the main technical changes…

Luxury brands join Decentraland‘s Metaverse Fashion Week

This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder and Elie Saab. Meanwhile, digital-native fashion houses Auroboros, DressX and republiqe hosted immersive spaces and stores within specific fashion districts designated by coordinates on a map. Just like New York Fashion Week where events may take place across different city boroughs, so…

Luxury brands join Decentraland’s Metaverse Fashion Week

This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab. Meanwhile, digital-native fashion houses Auroboros, DressX, and republique hosted immersive spaces and stores within specific fashion districts, designated by coordinates on a map. Just like New York Fashion Week events may take place across different boroughs of the city,…

Bitcoin Cash (BCH) Mining in September of 2021 – Is it Still Profitable?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! Let’s talk about Bitcoin cash (BCH) mining in September of 2021, and is it still profitable? To do this, we’ll take a look at an ASIC miner comparison in September of 2021 and see which asic miners are actually better. Is Bitcoin Cash Mining still profitable at all right now in September of 2021, or are other cryptos better? Let’s take a look. #BTC #BitcoinCashMiningSeptember2021 #bitcoinmining This video reflects my opinion only; numbers and data are approximate and may become…

SK Square Earmarks $1.6b to Invest in New Tech Including Blockchain

SK Square, the largest shareholder of South Korean chipmaker SK Hynix, is reportedly earmarking the sum of 2 trillion won ($1.63 billion) to invest in new technologies, including chips and blockchain. Per a Reuters report, the investment will feature a number of targeted partnerships with both domestic and foreign investors alike. “We are considering investments in companies ranging from those that are big in scale to those that are small,” Co-CEO of SK Hynix Park Jung-ho, who is also CEO of SK Square, said in its annual shareholder’s meeting. SK Square…

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered – Taxes Bitcoin News

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 questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house of parliament. Parliament member S. Ramalingam asked the finance minister “whether it is true that some cryptocurrency exchanges were involved in evasion of goods and services tax (GST) and it was also detected that other…