Day: 30 March 2022

Sushil Kumar Modi, a member of the Indian Parliament, has requested that the government increase the capital gains tax on cryptocurrencies since they are similar to gambling. He argues that the proposed 30% tax is insignificant in comparison to what the government should charge. In addition to the foregoing, he ...

Hokazu Matsuno, Japan's Chief Cabinet Secretary, announced that the government will introduce legislation to revise existing laws on the subject. The country announced plans to amend its Foreign Exchange and Foreign Trade Act, which will result in stiffer regulations for cryptocurrency exchanges. The amendment seeks to prevent Russia from circumventing ...