Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,060,219,038.09
  • 24h Vol: $56,485,400,298.81
  • BTC Dominance: 56.55%

Finance Minister

uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents

UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

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Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]

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India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Economic Survey, Economic Survey crypto, Economic Survey cryptocurrency, Ethereum, Finance Minister, india crypto, india cryptocurrency, India Economic Survey, India Economic Survey crypto, Nirmala Sitharaman, Nirmala Sitharaman crypto, rbi crypto, Regulation, Union budget, Union Budget cryptocurrency / / / , , , , , , , , , , , , ,

India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because it has no intrinsic cashflows attached to them,” the Indian government stated. Finance Ministry’s

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