A Look Into Aggregated Finance’ Adoption of Faas

Aggregated Finance, or AGFI, is an innovative platform that capitalizes on the booming decentralized finance market. It aims to change the approach of decentralized investment and lead the world to a DeFi-as-a-Service approach to decentralized investment. The project is a  new DeFi 3.0 project that works towards expanding the success of the DeFi space.  In a nutshell, Aggregated Finance makes strategic investments in the ecosystem and pools the gains for their token holders through buybacks and reflections. Aggregated Finance is out to become a key decentralized Farming-as-a-service project and recently…

Indian Crypto Exchanges Met With Finance Ministry Officials to Seek Tax Reconsideration

“Uncertainty surrounding cryptocurrency regulations, limited knowledge of the capital market and a desire to maximize profits drove exchanges to innovate unnecessarily, to the point where complexity became too much to handle – taking positions against the market, custodian, settlement, evangelism, airdrops and initial coin offerings (ICO), and incentivizing trades with rewards. Obviously, TDS is complicated for them. For exchanges engaged in standard exchange operations, TDS should be a cakewalk,” Mehta said. Source

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year – Finance Bitcoin News

The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan for Digital Euro The European Commission (EC) is planning to put forward a bill tailored to lay down the legal foundation for a digital euro currency, Politico reported this week. The legislation will support the European…

Indian Finance Minister Says RBI Is on Board With New Crypto Rules

“We were all discussing prior to the budget. And we shall continue to have the discussions. And all decisions … are being taken on it, obviously, because it [is] very serious, it is a digital currency from the central bank of some sort, of some shape, some color, some description. So obviously it will be with both of us having had enough consultations,” she added. Source

THE BLOCKCHAIN CAN CHANGE THE BLACK ECONOMY

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Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch – Press release Bitcoin News

press release PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ethereum and Polygon. What can Universe Finance offer? Security is one of the most problematic things when it comes to the DeFi sector. Several assaults have disabled various protocols and stolen countless funds from so many investors within the past ten years or so. Universe Finance believes that security is key and…

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India’s finance minister waiting for consultations to decide whether to ban or regulate crypto

Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussion of the 2022–23 Union Budget at Rajya Sabha, the upper chamber of India’s bicameral parliament, finance minister Nirmala Sitharaman stated that she was not going to “legalize or ban” cryptocurrency at this moment. The minister added that “Banning or not banning will come subsequently,” when the ministry reviews input from consultations. Sitharaman also mentioned that the state has…

India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News

India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto transactions will be taxed at 30%. Finance Minister Reveals Status of Crypto Policy in India India’s finance minister, Nirmala Sitharaman, clarified on Friday that the government has not made a decision on whether to legalize or ban cryptocurrency. During her Budget speech last week, the finance minister…