October 7, 2022 - Blockmagic

Crypto tax and regulations

India crypto update: CBDC , Trading and Tax Woes

Blockmagic
Posted on October 7, 2022

The pilot project for India’s own digital currency or digital rupee will be launched in 2022. Though yet to be named, the pilot project joins a list of over a hundred countries who are in different phases of implementing their national digital currencies. As per RBI’s deputy governor T. Rabi Sankar, the CBDC will be…

Retail and world adoption

Confirmation of EU’s Crypto Services Ban For Russia

Blockmagic
Posted on October 7, 2022

In response to what it refers to as “sham” secession votes in four regions of Ukraine, the European Union has confirmed a broad ban on offering crypto services to Russians. At the same time, sanctions are being tightened. CoinDesk broke the story first last week. After the invasion of Ukraine in February, the union enacted…

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Day: October 7, 2022