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Budget 2022: 30% tax on income from cryptocurrency, virtual assets, says FM

'I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%,' said FM Sitharaman

Bitcoin January loss is worst start to year since 2018 'crypto winter'

The largest cryptocurrency by market value has notched only about a dozen up days this month

Facebook's crypto venture to wind down after asset sale to Silvergate

Meta reports fourth-quarter earnings on Wednesday and plans to break out results of its metaverse-oriented hardware unit for the first time

Cryptos face mounting pressure; lack of policy clarity remains a headwind

China and India both host large crypto-trading communities, which are now uncertain about the future

No self-congratulation

Economic Survey wrestles with growth impact of pandemic

Economic Survey 2021-22: Hindi Belt gets brighter in a decade

Night light data shows more electrification in northern and middle parts of the country

Govt to take balanced view on cryptocurrency, says PEA Sanjeev Sanyal

The government will take a balanced view on the issue of regulation of cryptocurrencies as they have implications on the country's financial stability, Principal Economic Adviser Sanjeev Sanyal said.

Budget 2022 expectations: Fintech seek tax benefits, clarity on crypto

Budget 2022 expectations: Tax incentives to consumers and merchants, clarity on cryptocurrency and ease of doing business, here's what Fintech industry wants from finance minister Nirmala Sitharaman

Winter session troubles may hit House again; FM to present Eco Survey today

The Personal Data Protection Bill is eagerly awaited and may come up in the Budget session

International Monetary Fund urges El Salvador to scale back Bitcoin push

The International Monetary Fund said El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months

The development occurs as the volatile currency witnesses a free fall from $69,000 in November to nearly $36,000 (on Thursday), owing to regulatory scrutiny and geopolitical unrest.

'The Enigma': Mystery black diamond up for auction; crypto accepted

Also known as a carbonado diamond, it is possible the black diamond came from outer space

Traded cryptocurrency in 2021? Here's how to approach taxes

The IRS has been zooming in on cryptocurrency reporting with increasing interest in recent years

Meta winding up its ambitious cryptocurrency project: Report

Originally launched as Libra and later renamed as the Diem Association, the cryptocurrency initiative "is weighing a sale of its assets as a way to return capital to its investor members": Report

IMF urges El Salvador to ditch Bitcoin as legal tender citing risks

IMF also said the Covid-19 pandemic interrupted ten years of growth, but El Salvador is rebounding quickly

Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums

The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market

Bitcoin bounces off six month lows as buyers step in

The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23

Bitcoin skids to six-month low as fears of Ukraine conflict shake markets

Wall Street stocks, too, opened down sharply, after last week posting their worst week since 2

Indian mythology makes it to NFT space with MetaMasters launch

World's largest cryptocurrency exchange Binance on Monday launched its first ever Indian NFT collection inspired by Indian mythology and Southeast Asian, Japanese and Chinese folklore.

Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets

The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.