India plans to impose 28% GST on all crypto transactions
Reports on the imposition of GST on cryptocurrencies have been doing the rounds ever since the government announced a flat 30% tax on income from cryptos and other virtual digital assets.
Category: Cryptocurrency News
UK government introduces bills to address crypto regulation
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.
Pop star Madonna launches first NFTs with Beeple
According to the project’s website, the collections from the NFT auction will be donated to three charities—The Voices of Children Foundation, The City of Joy, and Black Mama’s Bail Out.
Nigeria’s central bank to allow bill payments in its CBDC e-Naira: Report
While Central Bank of Nigeria has attempted to introduce the eNaira to the locals, the success of the campaign remains uncertain as Nigerians are highly intrigued by cryptocurrencies like Bitcoin.