India Plans To Impose 18% Tax On Bitcoin Transactions
Cryptocurrency traders and investors in India may soon be obligated to pay 18% tax from their crypto transactions and investment, according to the Times of India. In a bid to increase its revenue generation, the Indian government wants to impose the
Binance Announces SegWit Support For Bitcoin Deposits
Leading cryptocurrency exchange Binance has announced that it has enabled Bitcoin deposits on the Native Segregated Witness addresses (SegWit). Initially, the support for SegWit was only for withdrawals, but traders and investors can now make both deposits and withdrawals via
Germany Allows Electronic Securities Records On Blockchain
The Berlin Cabinet recently passed a new law that allows blockchain technology to be utilized for recording all-electronic securities. The law is considered part of the broader blockchain strategy of Germany, which has been very vocal about blockchain technology. With the
XRP Price Falls Amid Looming SEC Case
The U.S. Securities and Exchange Commission (SEC) plans to file a suit against Ripple over the sale of XRP, according to Ripple’s Chief Executive Officer Brad Garlinghouse. However, there is no specific date for the lawsuit yet, but when it is
Banca Generali Launching Crypto Services in 2021
Kraken - Buy Bitcoin in U.S. These days it seems like no matter where you look there is another bank or major financial player touting their entrance into the cryptocurrency space. Whether its Sberbank looking for 5,000 new blockchain based ATM
Grayscale Increases Its Bitcoin and Ethereum Holdings
Learn About Crypto The biggest cryptocurrency asset management company Grayscale has accumulated more Ethereum as institutional clients increase their interests in the industry. Apart from the accumulation of Etherem, the company also gathered 14,000 Bitcoin within the same period. Any entity in
Crypto Index Fund Now Offered On US OTC Market
A leading crypto fund manager Bitwise Asset Management announced that its Crypto Index Fund shares will be available for trading for American investors from today. The fund manager started with $120 Million in assets under management. For the first time, there
Nervos To Integrate Huobi’s HUSD
Huobi and Nervos have been in partnership since July last year and both companies benefit from each other. The partnership between both firms is still waxing strong, as Huobi’s HUSD stablecoin will henceforth run on the Nervos blockchain. Nervos is doing
Chinese Residents Benefit From Digital Yuan P2P Test
Although China may not be disposed to completely accepting Bitcoin and cryptocurrencies, the country’s position on its digital Yuan is no longer news. In August we reported about completed testing of the Digital Yuan. In the latest development, China will now
Bitcoin Becoming Leading Investment Hedge
It's no shocker that right now the state of our economy is questionable at best. A volatile stock market, record jobless claims and a seemingly unending pandemic have been major concerns for almost everybody this year. All of this worsened