Gemini Doubles Down on India: $24M Investment Despite Crypto Tax Hurdles
Gemini plans a $24 million investment in its Gurgaon center, aiming to double its staff, even amidst India's tough cryptocurrency ...
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Tag: Taxes
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WazirX Predicts India’s Hefty Crypto Taxes to Persist Until 2025
WazirX CEO, Nischal Shetty, in a recent conversation, shared insights on India's current taxing approach to cryptocurrency, which seems to ...
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Crypto makes up 70% of South Korean overseas assets: National Tax Service
South Korea sees a surge in crypto assets as individuals and corporations report holding $98M in crypto overseas, comprising a ...
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9 US Senators Publicly Back Elizabeth Warren’s Crypto Bill
9 US senators from both sides of the aisle come together to support Elizabeth Warren's robust crypto bill aimed at ...
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Japanese Regulator Proposes Eliminating “Unrealized Gains” Tax on Crypto
The FSA of Japan has proposed a significant change to the nation's crypto tax code, aiming to remove the annual ...
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Biden’s Proposed Crypto Tax Reporting Rules Ignite Debate Among Industry Experts
New crypto tax reporting rules by the Biden administration spark concerns among industry leaders. Experts fear it could drive crypto ...
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Israel’s Groundbreaking Move: Preliminary Approval of Bill Exempting Foreigners from Crypto Taxes
In an innovative move, Israel proposes a bill to exempt foreign residents from crypto capital gains taxes, also reducing tax ...
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Spot Bitcoin and Ethereum ETFs Draw $20B Since April, Outpacing All Other ETF Categories
Spot Bitcoin and Ethereum ETFs saw $20B in inflows since April, outperforming gold, commodities, and thematic funds amid investor risk...
Ethereum’s ‘Trustware’ Vision Could Propel ETH to $15.8K by 2028 Consensys
Consensys sees Ethereum evolving into global trustware, predicting ETH could reach $15.8K by 2028 as demand for secure onchain value...
US Justice Department and CFTC Close Polymarket Investigations
US regulators have reportedly ended their investigations into Polymarket, clearing a path for the betting platform’s upcoming $200M funding round.
China Considers Yuan-Pegged Stablecoins: State-Owned Firms Ordered to Study Feasibility
China instructs state-owned firms to explore yuan-pegged stablecoins, hinting at a softening stance as global stablecoin adoption rises.
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