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As part of the newly implemented regulations under Section 158B of the Income Tax Act, India will levy tax penalties of up to 70% on undisclosed crypto gains.New amendments to India's tax laws may result in substantial tax penalties…

In December, the total amount of crypto remittances in El Salvador was $7.22M, which was below the 1% threshold.Analyst JP Koning compiled data from the Banco Central de Reserva de El Salvador, which indicates that El Salvador's…

MicroStrategy (MSTR) has announced a considerable stock offering with the objective of raising $563.4 million, a bold move that underscores its unwavering dedication to Bitcoin (BTC).This strategic initiative not only emphasizes the…

UBS, a Swiss banking behemoth, has conducted a test of its blockchain-based gold investment product, Key4 Gold, on the Ethereum Layer-2 network ZKSync.UBS, a Swiss financial behemoth, has effectively tested its UBS Key4 Gold product on…

Errol Musk is advocating for the Solana-based meme coin "Musk It" to generate $150-$200 million for his Musk Institute.The value of the coin increased by 280% as a result of his endorsement, which capitalized on the Musk family's…

The US government's motion to return cryptocurrency that was seized in connection with the 2016 Bitfinex hack has not yet been resolved by a federal court. The judge has requested additional clarification before making a decision.Judge…

Ozer's legal team has pledged to advocate for additional leniency while he remains in prison.Faruk Fatih Ozer, the proprietor of the bankrupt Turkish crypto exchange Thodex, has achieved a partial legal victory as a convicted fraudster…

NYSE Arca is attempting to convert Grayscale's XRP Trust into a spot ETF, with Coinbase Custody and BNY Mellon playing critical roles.NYSE Arca has submitted an application to the Securities and Exchange Commission (SEC) in order to…

The bill aimed to prevent the establishment of crypto mining enterprises within a 30-mile radius of military facilities.The Arkansas Democrat-Gazette reports that the Arkansas Senate's City, County, and Local Affairs Committee voted…

The recent executive order signed by U.S. President Trump regarding cryptocurrency has sparked discussions regarding its potential impact on the four-year cycle of Bitcoin.The historical data indicates that Bitcoin adheres to a…