A complicated, new crypto tax policy has recently been introduced in India. These new tax policies regarding virtual digital assets will prevent traders from offsetting their losses from trading one digital asset against the profits made with another. The new policy will likely incentivize traders to pick one virtual asset
News • Bitcoin • Mar 21, 2022Yoon Suk-yeol, the conservative, crypto-positive candidate, has won the South Korean presidential election. During the campaign, he pledged to deregulate the crypto sector in South Korea, and even included the use of non-fungible tokens (NFTs) as a part of the campaign strategies from both parties. In January, Suk-yeol declared that
News • Bitcoin • Mar 11, 2022Kaja Kallas is a recent addition in the growing line of public officials concerned about Russia utilizing the censorship-resistant feature of cryptocurrencies to evade sanctions. Ukraine’s Vice Prime Minister, Mikhailo Federov, was the first to call for a ban of Russian users on crypto exchanges. “It’s crucial to
News • Bitcoin • Mar 09, 2022As fiat sanctions against Russia have frozen most financial options for Russian citizens and oligarchs alike, many people were turning to Bitcoin and crypto to protect their financial assets. However, many governments, including Ukraine's have called for the freezing of crypto accounts on exchanges. The initial response from
News • Bitcoin • Mar 04, 2022While the country of Ukraine has been fighting off a war against invading Russians, Bitcoin and crypto users all around the world have donated their assets to help Ukraine fund their military. To respond and give thanks to the community, Ukraine announced an airdrop which would give back some crypto
News • Altcoins • Mar 03, 2022Tether Operations Limited (Tether) and the city of Lugano, Switzerland announced their collaboration today to establish the city as a hub and a new center of excellence for blockchain adoption in Europe. While focusing on local communities in Lugano, the collaboration aims to provide real-world applications with blockchain technologies to
News • Bitcoin • Mar 03, 2022Airdropping crypto, a relatively new method of reverse-crowdfunding, could have huge impact in the geopolitical environment. Airdrops typically involve businesses or crypto projects creating tokens or NFTs to give to their communities as a way to monetarily incentivize adoption of a project. Since the Ukraine has been fighting off a
News • Altcoins • Mar 02, 2022El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism. According to the Minister of Tourism (MITUR)
News • Bitcoin • Feb 24, 2022