Crypto
How India’s High Taxes Killed its Crypto Liquidity: $3.8B in Outflows for 2022
India's crypto ecosystem has been crippled under the country's controversial tax rules.
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USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
According to a recent study, Oceania has the highest percentage of crypto taxpayers, and Asia has the lowest.
India's crypto ecosystem has been crippled under the country's controversial tax rules.
The crypto-focused provisions that were supposed to come into effect on January 1st have long been criticized over a lack of clarity.
Argentina’s Mendoza province also provided a step-by-step guide on how to pay all regional taxes and fees using crypto.
As the new regulation comes into force next week, 40 crypto exchanges in South Korea would suspend all their services.
El Salvador will exempt foreign investors from paying tax on Bitcoin gains. Here is what you need to know if you were to consider the move