The latest development comes two weeks after the FBI issued a statement saying that the cyber actors APT38, also known as Lazarus Group, associated with the DPRK, were behind the Ronin Bridge attack.
Experts say the stabilization of the NFT activity is a positive sign, that the market is maturing and transitioning from speculation to real application development.
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.
While bitcoin brought crypto and blockchain to the world, the ecosystem has exploded since 2008 and there are many other ways for individuals, corporations and governments to engage with the digital assets ecosystem.
