Existing Indian legislation might impose a 2% fee on bitcoin purchases made on offshore exchanges that serve the Indian market. The Indian government’s 2% “equalization levy” could be extended to crypto-assets purchased via off-shore exchanges, according to local sources. According to a story published on June 22 by the Economic Times, existing law may mandate…
Canadian Regulator Adds By bit to Crypto Exchange Crackdown By bit, one of the world’s top five crypto exchanges with $53 billion in trading volume in the last week, is in hot water with Canadian regulators—along with other prominent crypto trading platforms. It’s now added By bit to its investor warning list and set…
The Narcotics Control Bureau Mumbai Zone nabbed Makarand P Adivirkar, a Mumbai resident, for allegedly facilitating the purchase of drugs in Bitcoin. According to NCB Mumbai officials, Adivirkar, also known as “Crypto King,” used to take commissions from those who wanted to convert their money into Bitcoin and then buy LSDs (a hallucinogenic drug) and…
[lwptoc] Bitcoin price dips below $34K as a day of Grayscale’s giant BTC unlocking draws near Downward volatility hits the market on Sunday, as market participants argue that most of the drop is already complete. Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be…
Elon Musk Laughs at SHIBA INU (SHIB) Community As They Claim Nobody Will Use, DOGE Tesla and SpaceX chief, billionaire Elon Musk, has posted a response to the recent negative assumption of the Shiba Inu Community about his favourite cryptocurrency, Dogecoin. In the thread that touches Cardano’s ADA, billionaire crypto investor Mark Cuban and…
Blue-chip venture capital funds, known for making risky bets, are eager to invest in Indian crypto and blockchain startups, but say the uncertain policy environment is standing in their way. Read More……
