India securities watchdog hits the brakes on crypto asset fund offerings till there is regulatory clarity
The remarks technically mean that Sebi won’t allow any blockchain or crypto fund till the regulations are clear
The remarks technically mean that Sebi won’t allow any blockchain or crypto fund till the regulations are clear
Still, some Chinese investors who already have crypto holdings plan to carry on despite the legal risks and regulatory hostility
Cynthia Lummis also reportedly plans to create an organization under the joint jurisdiction of the SEC and CFTC to oversee the market
Crypto gain tax rates can go as high as 55 percent depending on individual income while stock gains are only taxed 20 percent for individuals