INDIAN GOVERNMENT EYES ON CRYPTO INDUSTRY!
Government engaged in Crypto discussions since Donald Trump's return to the White House,the FT reported.
The industry's big ask is a reduction in the "very harshly" imposed taxes.
Currently In India, crypto transactions are currently subject to a 30% capital gains tax and a 1% levy on every transaction.
Apart from this, authorities sees digital assets as engagement in criminal activities.
Government engaged in Crypto discussions since Donald Trump's return to the White House,the FT reported.
The industry's big ask is a reduction in the "very harshly" imposed taxes.
Currently In India, crypto transactions are currently subject to a 30% capital gains tax and a 1% levy on every transaction.
Apart from this, authorities sees digital assets as engagement in criminal activities.
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🇺🇸 ETF flows of yesterday (May 27),
Bitcoin spot ETFs bought around 3,520 $BTC ($385M) 📈
Ethereum spot ETFs bought around 15,140 $ETH ($39M) 📈
@BrewingWealth
Bitcoin spot ETFs bought around 3,520 $BTC ($385M) 📈
Ethereum spot ETFs bought around 15,140 $ETH ($39M) 📈
@BrewingWealth
🔥 SAYLOR Says onchain proof-of-reserves is a bad idea and exposes users and institutions to cyberattacks and data breaches, Strategy won’t reveal wallets, opts for traditional audits instead.
@BrewingWealth
@BrewingWealth
Russia’s largest bank, Sberbank, is reportedly becoming one of the official market makers for the upcoming regulated crypto platforms following the country’s regulatory developments within its digital asset landscape.
The bank reportedly expects the emergence of a “new world” of instruments for investing in digital assets.
@BrewingWealth
The bank reportedly expects the emergence of a “new world” of instruments for investing in digital assets.
@BrewingWealth
🇺🇸 President Trump's Executive Director of Digital Assets says the US is on its way to "becoming the Bitcoin superpower of the world."
@BrewingWealth
@BrewingWealth
Media is too big
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🇺🇸Senator Lummis claims the US needs to have “at least 5% of the world’s Bitcoin in reserve.”
@BrewingWealth
@BrewingWealth
💰 The Sol Strategies plans to sell up to $1 billion worth of stock within 24 months with the intention of raising capital to acquire additional #SOLs.
@BrewingWealth
@BrewingWealth
Cetus Protocol, the largest DEX on the Sui blockchain recently got hacked!
The attacker used spoof tokens to exploit price curves, draining real assets from liquidity pools.
Currently $162 million stolen tokens freezed on-chain.
The Sui Foundation has extended a loan to Cetus to fully reimburse affected users.
Using our cash and token treasuries, we are now in a position to fully cover the stolen assets Says Cetus.
@BrewingWealth
The attacker used spoof tokens to exploit price curves, draining real assets from liquidity pools.
Currently $162 million stolen tokens freezed on-chain.
The Sui Foundation has extended a loan to Cetus to fully reimburse affected users.
Using our cash and token treasuries, we are now in a position to fully cover the stolen assets Says Cetus.
@BrewingWealth
Expect ETH and BNB, Futures Short open Interest is more than longs!
What do you 💬 think, who is gonna win?
@BrewingWealth
What do you 💬 think, who is gonna win?
@BrewingWealth
Telegram has partnered with Elon Musk's xAI to integrate the Grok AI service within its app.
After this News, $TON the native token of TON Network that was developed by Telegram surged 18%!
This deal includes $300M cash and equity investment from xAI and 50% share of revenue.
@BrewingWealth
After this News, $TON the native token of TON Network that was developed by Telegram surged 18%!
This deal includes $300M cash and equity investment from xAI and 50% share of revenue.
@BrewingWealth
🇺🇸 President Trump files appeal after Federal Court blocks tariffs.
White House: It's "not for unelected judges to decide how to properly address a national emergency."
@BrewingWealth
White House: It's "not for unelected judges to decide how to properly address a national emergency."
@BrewingWealth
🇺🇸 President Trump tells Jerome Powell in-person that the Fed is making a mistake on interest rates.
@BrewingWealth
@BrewingWealth
🇨🇳 "Bitcoin is transitioning from a speculative asset to a strategic reserve asset," says Chines state-funded think tank International Monetary Institute (IMI)!
@BrewingWealth
@BrewingWealth