The government is advancing efforts to establish a comprehensive framework for the taxation and regulation of digital currencies. With cryptocurrencies and blockchain-based assets gaining traction among investors, regulators are under increasing pressure to strike a balance between fostering innovation and ensuring compliance with existing financial laws. Policymakers are now working on a structured “crypto code”… Continue reading India Moves Toward Comprehensive Crypto Tax Code to Regulate Digital Assets
Year: 2025
Cryptocurrency Mining Firm Projects Daily Earnings Potential of Rs. 3 Lakh
Cryptocurrency adoption continues to accelerate worldwide, with mining operations showcasing the scale of potential returns in the digital asset sector. LET Mining, a firm engaged in crypto infrastructure and operations, has highlighted the capacity to generate daily earnings equivalent to Rs. 3,64,800 (USD 3,648). The disclosure underscores both the lucrative possibilities and the inherent volatility… Continue reading Cryptocurrency Mining Firm Projects Daily Earnings Potential of Rs. 3 Lakh
Thailand Unveils Crypto-to-Baht Conversion Program to Revitalize Tourism
In a strategic move to attract international visitors and revitalize its tourism-dependent economy, the Thai government has introduced a crypto-to-baht conversion program. The initiative allows travelers to exchange popular digital assets into the local currency seamlessly, reducing friction in payments and enhancing spending convenience. Authorities view this step as a means to modernize Thailand’s financial… Continue reading Thailand Unveils Crypto-to-Baht Conversion Program to Revitalize Tourism
Cryptocurrency Markets Face Decline on Monday as Initial Euphoria About US Strategic Reserve Evaporates
Cryptocurrency markets were facing selling pressure on Monday, especially as the US markets opened. Bitcoin was trading below $90,000 levels while Ethereum, XRP, ADA and Solana were down between 8 – 12 percent. Almost all the coins registered impressive gains after President Trump announced on social media about his plans for a US strategic crypto… Continue reading Cryptocurrency Markets Face Decline on Monday as Initial Euphoria About US Strategic Reserve Evaporates
XRP, Solana, and Cardano in Donald Trump’s Plan for US Crypto Reserve
In a groundbreaking move, US President Donald Trump has unveiled details of a proposed U.S. Crypto Strategic Reserve, selecting XRP, Solana (SOL), and Cardano (ADA) as key assets. The announcement, made via his social media platform Truth Social, has sparked widespread debate within the cryptocurrency community, particularly due to the absence of Bitcoin (BTC) and… Continue reading XRP, Solana, and Cardano in Donald Trump’s Plan for US Crypto Reserve
Trump to Host First White House Cryptocurrency Summit
The White House is set to host its first-ever cryptocurrency summit, a landmark event that signals President Donald Trump’s evolving stance on digital assets. The event, scheduled for next Friday, will bring together top industry leaders, venture capitalists, and key government officials to discuss the future of crypto regulation, innovation, and financial stability. Trump’s engagement… Continue reading Trump to Host First White House Cryptocurrency Summit