UK’s Economic and Finance Ministry had in April declared that it intended to “take the necessary legislative steps” to bring stablecoins into its regulatory framework as part of a “package of measures” aimed at incorporating crypto assets and blockchain technology.
Several celebrities have or had put up Bored Ape pictures as Twitter profile pictures in recent times. Basketball star Stephen Curry and musician Steve Aoki are among the celebrities who have done it.
Lee’s ownership rights of the NFT will lead to Big3’s acceptance of Dogecoin, resulting in the integration of the MyDoge wallet, allowing players, coaches, and teams to earn Dogecoin tips on Twitter.
The government recently introduced a 30% tax slab on returns or profits made from virtual digital assets. From April this year, 1% TDS is also applicable on every transaction.
