There has barely been a day over the past year or so when crypto has been out of the news in Australia. It all began with the sudden collapse of FTX, which led to widespread concern among Australia’s banks and governing bodies, with crypto transactions facing extra controls and restrictions. More recently, we’ve seen a…
Cryptocurrencies have revolutionized the world of finance, and among them, Litecoin (LTC) holds a unique place. As a peer-to-peer digital currency, Litecoin offers faster transaction confirmation times and a different hashing algorithm than Bitcoin. One of the most crucial events in the life of a cryptocurrency is the “halving” – a phenomenon that significantly impacts…
5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over USD 19,000, cryptocurrencies have piqued the interest of mainstream media, buyers, and investors. Those at the vanguard of investing see the benefit of including these…
Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we have covered all the aspects of taxation on cryptocurrency in India and created a Complete guide for you – As per Union Budget 2022, Cryptocurrencies…
El Salvador Has Bought Its First $10 Million of Bitcoin El Salvador has bought $10 million of Bitcoin(BTC), as revealed on the Twitter profile of the country’s president, Nayib Bukele. Bukele stated that the El Salvador government has purchased 200 BTC. The purchase was made in preparation for the country’s plans to make the cryptocurrency…
The Singapore Monetary Authority (MAS) has ultimately chosen 15 companies to assist in the development of retail CBDC. These companies will take part in the Global CBDC challenge and contribute to the development of an in-house retail central bank digital currency. Singapore Central Bank Select 15 retail CBDC Companies According to the MAS release, four…
