Legal & Tax
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Bitcoin-Institutional-Buying
Bitcoin
Bitcoin-Institutional-Buying
Bitcoin

Just In: $908 Billion Stimulus Bill Can Push Bitcoin Above $20K Territory

The $908 billion stimulus bill was finally approved by a bipartisan group of lawmakers after struggling for almost two weeks. The group of lawmakers reached a middle ground and have decided to present the stimulus bill in two parts one covering liability protections for businesses and the other covering the federal aid to states and

The $908 billion stimulus bill was finally approved by a bipartisan group of lawmakers after struggling for almost two weeks. The group of lawmakers reached a middle ground and have decided to present the stimulus bill in two parts one covering liability protections for businesses and the other covering the federal aid to states and

Cryptocurrency Investors to Receive Tax Notice
Bitcoin
Cryptocurrency Investors to Receive Tax Notice
Bitcoin

Crypto India: Indian Cryptocurrency Traders May Soon Face Tax Liability On Bitcoin Income

The rumor mills surrounding Indian cryptocurrency regulations do not seem to die down, the latest being possible tax liabilities on bitcoin income for traders. India at present doesn’t have a working cryptocurrency regulatory framework in place despite the March order of the Supreme Court nullifying the Reserve Bank of India’s banking ban on cryptocurrency exchanges.

The rumor mills surrounding Indian cryptocurrency regulations do not seem to die down, the latest being possible tax liabilities on bitcoin income for traders. India at present doesn’t have a working cryptocurrency regulatory framework in place despite the March order of the Supreme Court nullifying the Reserve Bank of India’s banking ban on cryptocurrency exchanges.

India-crypto-ban-RBI-CBDC
Bitcoin
India-crypto-ban-RBI-CBDC
Bitcoin

Bitcoin FOMO Hits Indian Banks, Pressure Rising on Indian Govt. for Crypto Regulation

Financial institutions all across globe are facing Bitcoin FOMO and same is true for major Indian banks. As per the latest reports  major Indian Banks who earlier denied services to crypto companies in India are now finally following the supreme court ruling and planning to resume their services. Indian Banks Feeling The Bitcoin FOMO The

Financial institutions all across globe are facing Bitcoin FOMO and same is true for major Indian banks. As per the latest reports  major Indian Banks who earlier denied services to crypto companies in India are now finally following the supreme court ruling and planning to resume their services. Indian Banks Feeling The Bitcoin FOMO The

CHINA bitcoin
Altcoin
CHINA bitcoin
Altcoin

Editorial: Is “Digital Yuan” China’s Weapon to Rule Global Markets?

The advent of cryptocurrencies like Bitcoin as a mainstream investment market and a reliable payment gateway has forced governments around the globe to take notice of the nascent technology. The ongoing bitcoin bull run driven by the mainstream financial giants such as PayPal and MicroStrategy & rising global trade tensions has only made the contention

The advent of cryptocurrencies like Bitcoin as a mainstream investment market and a reliable payment gateway has forced governments around the globe to take notice of the nascent technology. The ongoing bitcoin bull run driven by the mainstream financial giants such as PayPal and MicroStrategy & rising global trade tensions has only made the contention

Bitcoin regulation
Altcoin
Bitcoin regulation
Altcoin

US National Intelligence Director Writes to SEC Over China’s Growing Dominance in Cryptocurrencies

China’s growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China’s

China’s growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China’s

Bitcoin
Bitcoin

Bitcoin [BTC] Scams Rise Again Amid Rising US Presidential Elections Uncertainty

A fake Elon Musk on Twitter was seen pulling a crypto scam under the garb of celebrating the results of the US Presidential elections 2020. The tweet posted a link and asked the readers to visit the website in the link and donate bitcoin, and in return, they will get double the amount they have

A fake Elon Musk on Twitter was seen pulling a crypto scam under the garb of celebrating the results of the US Presidential elections 2020. The tweet posted a link and asked the readers to visit the website in the link and donate bitcoin, and in return, they will get double the amount they have

Legal & Tax
Legal & Tax

7 Tips To Minimize Your Crypto Tax Liability

With the growing popularity of cryptocurrencies as a form of investment, it was only a matter of time before the taxman became interested. In 2018, the IRS firmly stated that anyone owning and dealing with cryptocurrencies needs to include this when they file their taxes. So, if you own any cryptocurrency, you definitely need to take seriously

With the growing popularity of cryptocurrencies as a form of investment, it was only a matter of time before the taxman became interested. In 2018, the IRS firmly stated that anyone owning and dealing with cryptocurrencies needs to include this when they file their taxes. So, if you own any cryptocurrency, you definitely need to take seriously

bitcoin loss
Legal & Tax
bitcoin loss
Legal & Tax

How To Save Capital Gain Tax By Booking Bitcoin Losses In Advance

With the prices of bitcoin taking a serious tumble the resultant bitcoin losses can be used to save the capital gains tax this fiscal year by booking them in advance i.e. before March 31, 2018. Saving on capital gain tax by booking bitcoin losses this fiscal year Cryptocurrencies have only risen in popularity and increased

With the prices of bitcoin taking a serious tumble the resultant bitcoin losses can be used to save the capital gains tax this fiscal year by booking them in advance i.e. before March 31, 2018. Saving on capital gain tax by booking bitcoin losses this fiscal year Cryptocurrencies have only risen in popularity and increased

cryptocurrency taxation
Legal & Tax
cryptocurrency taxation
Legal & Tax

Cryptocurrency Taxation: How To Handle Its Different Facets

Did you just find out that you owe the taxation authority some $30k? But you don’t have this $30k because you traded in cryptos? Well, then you are not alone as this is exactly what is going on with the cryptocurrency investors or users. So, what is actually the matter and what is taxable? Users/Investors

Did you just find out that you owe the taxation authority some $30k? But you don’t have this $30k because you traded in cryptos? Well, then you are not alone as this is exactly what is going on with the cryptocurrency investors or users. So, what is actually the matter and what is taxable? Users/Investors

what is kyc
Legal & Tax
what is kyc
Legal & Tax

What is KYC and AML? Why it’s so Important in Cryptocurrencies?

These two terms, ‘Know Your Customer and Anti-Money Laundering (KYC and AML)’ is no more new, especially when we think of various financial sectors working around the world. In fact, recently they have received so much of limelight, that every now a then a new law or rule can be noticed, which intends to make

These two terms, ‘Know Your Customer and Anti-Money Laundering (KYC and AML)’ is no more new, especially when we think of various financial sectors working around the world. In fact, recently they have received so much of limelight, that every now a then a new law or rule can be noticed, which intends to make

bitlicense
Legal & Tax
bitlicense
Legal & Tax

What is BitLicense? Why it’s important?

A business license granted for the activities involving virtual currencies is BitLicense. It contains a set of regulations that are issued by the New York State Department of Financial Services (NYSDFS). In order to regulate the digital currency like bitcoin, the framework of this regulation covers those that are located, reside, conducts business or have

A business license granted for the activities involving virtual currencies is BitLicense. It contains a set of regulations that are issued by the New York State Department of Financial Services (NYSDFS). In order to regulate the digital currency like bitcoin, the framework of this regulation covers those that are located, reside, conducts business or have

bitcoin tax
Legal & Tax
bitcoin tax
Legal & Tax

Got a Bitcoin Tax Notice… Here’s What to Do!

Just last month, the Indian Central Board of Direct Taxes (CBDT) issued a tax notice to 1L cryptocurrency investors. The summon was sent to these investors that ordered them to present the documents and evidence for the questions asked in there. Also, read… Taxman Crushes the “Giancarlos Party” for Indian Bitcoin Investors Any kind of notice or communication

Just last month, the Indian Central Board of Direct Taxes (CBDT) issued a tax notice to 1L cryptocurrency investors. The summon was sent to these investors that ordered them to present the documents and evidence for the questions asked in there. Also, read… Taxman Crushes the “Giancarlos Party” for Indian Bitcoin Investors Any kind of notice or communication