cryptocurrency

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Kazakhstan runs short of power due to crypto mining Kazakhstan, a country with a large number of leading crypto miners, is facing a massive power outage. The country is currently importing electricity from Russia at a higher tariff. The government had earlier commented on mining a few weeks earlier saying there is no revenue generation […]
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UK Digital services tax targets crypto exchanges According to a report, crypto exchanges in the United Kingdom will have to pay a 2% digital services tax. Britain’s tax authority, HMRC, does not recognize digital assets as financial instruments and therefore exchanges are not eligible for financial exemptions. The digital services tax on revenue was introduced […]
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New German government cites crypto in the coalition agreement Three German political parties agreed to a coalition deal this week where they said that they will advocate for an equal playing field between traditional finance and cryptocurrency. The coalition calls for a new “dynamic in relation to the opportunities and risks from new financial innovations” […]
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More Than 50% of Indians Surveyed Don’t Want Crypto Legalized More than half of the people surveyed in India are against legalizing cryptocurrencies, according to an opinion poll published on Wednesday. The report comes on the back of the Indian government proposing a law to regulate the use of crypto and to create an official digital […]
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HDFC Bank partners with NSIC to offer credit support to MSMEs HDFC Bank has signed a Memorandum of Understanding (MoU) with National Small Industries Corporation (NSIC) to offer credit support to micro, small, and medium enterprises (MSMEs) across India. The private sector lender will provide MSMEs with schemes to enhance their competitiveness. HDFC Bank will […]

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