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Cryptocurrency

Govt Plans to Produce a Bill To Treat Cryptos as a Commodity

Three individuals who are aware that the development is being said ET are planning to define cryptos in the new draught bill which also proposes to divide virtual currencies into their use cases. For all purposes, including taxation and for each user’s sake — payments, investment, or utility, cryptocurrencies will be treated as an asset/commodity. […]

Categories
Cryptocurrency

TETHER (USDT) IS KING, USED FOR REMITTANCE BY INDIAN IMPORTERS

  The use of Tether (USDT) has been associated with institutional investors, but it is gaining traction in Russia. That is, at least, what we may deduce from recent accounts. The stablecoin, which is now ranked seventh in terms of market capitalization, has found a new use case with Indian importers. Indian dealers in Russia […]