India’s finance minister says punitive crypto taxes will remain in force

2022-7-22 23:00

Local media outlet Financial Express reported that the Indian government has no plans to reduce taxation on crypto transactions. The post India’s finance minister says punitive crypto taxes will remain in force appeared first on CryptoSlate. origin »

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crypto force india remain minister finance punitive

Источник: cryptoslate.com

crypto force → Результатов: 126


FATF Issues Draconian Crypto Recommendations: You Now Have 12 Months To Comply

The Financial Action Task Force (FATF) has issued a shot across the bow of the cryptocurrency industry, with interpretative notes and clarifications for virtual asset service providers (VASPs). The move comes a month after the task force warned in February that updates to its recommendations would be coming as early as this month.

2019-6-28 02:05


U.S Treasury Secretary: Crypto exchanges and service providers MUST register with FinCEN

The Financial Action Task Force [FATF], an inter-governmental body that includes the most influential countries in the world such as the United States, Russia, China, United Kingdom, and Germany, has taken the first step towards providing better regulatory clarity that was much sought after by several businesses in the cryptocurrency space.

2019-6-21 21:14


Will Facebook’s Libra Force Amazon To Issue A Cryptocurrency?

On Tuesday, June 18th, Facebook announced Libra, its highly-anticipated cryptocurrency. This event raises a pressing question: will other companies in the tech sector follow suit? Although Amazon and Facebook may not face off on social media, the continuing expansion of the Zuckerberg empire into adjacent markets means that Amazon could eventually be one of Facebook’s […] The post Will Facebook’s Libra Force Amazon To Issue A Cryptocurrency? appeared first on Crypto Briefing.

2019-6-19 19:59


FATF Meets To Finalize Common Cryptocurrency Guidelines For G-20 Nations

The FATF Meet To Finalize The Common Crypto Guidelines For G-20 Nations The Financial Action Task Force (FATF) has finally kicked off the meeting to finalize the final draft of the global crypto regulation guidebook, which the participating G-20 nations have assured to implement in their system. Some of the recommendations put forward by the […]

2019-6-19 19:30


Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports

The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit to influence policymakers.

2019-6-18 07:05


‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month.

2019-6-12 20:00


Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

Coinspeaker Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?In this post, by blockchain expert and professional tech researcher Gregory S Mathew, you’ll find what Initial Exchange Offering (IEO) is, how it differs from ICO and why this new fundraising model is widely considered to be crypto industry's next disrupter.

2019-6-1 15:26


G20 Countries Start Implementing Unified Crypto Standards

As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable.

2019-5-29 04:55


Samsung Preps Crypto Integration in Samsung Pay Wallet to Millions Globally

By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class.

2019-5-25 16:09


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Bittrex Reinvigorates AML Measures with IdentityMind Partnership

Cryptocurrency exchange Bittrex on May 21, 2019, announced that it had partnered with blockchain security solutions firm IdentityMind to bolster its anti-money laundering (AML) measures. Tightening Security Measures The Financial Action Task Force’s (FATF) persistence to establish strict crypto regulations across the globe has weighed down on exchange platforms who have, to date, been followingRead MoreRead More.

2019-5-22 20:00


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Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

Bitcoin Magazine Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes  Arizona state Senator Wendy Rogers has introduced legislation and a constitutional amendment to exempt virtual currency from property taxes and protect blockchain node operators from local taxation, positioning the state as more crypto-friendly.

IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. The decision reflects the agency’s recognition of the complexities in crypto taxation and the need for regulatory adaptability in response to evolving markets.

South Korea mulls delaying 20% crypto tax amid local pressure

South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…