India Tax Regulator: Pre-2022 Crypto Gains Are Subject to Capital Gains Tax
The decision classifies crypto, including Bitcoin, as capital assets, resolving ambiguity that previously surrounded crypto taxation.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
XRP Price Prediction: Weekly Gains Lead Crypto Market, But Can XRP Clear $1.63?
XRP price trades at $1.53, up by a marginal 1.5% on the day, and is still sitting on one of the strongest weekly charts among larg...
NYSE is assembling the pipes for a $5.5 trillion tokenized asset market
NYSE is adding Blockchain.com as a prospective gateway to its planned round-the-clock market for tokenized US stocks. Blockchain.c...
CFTC Staff Let Futures Brokers Invest Customer Funds in Tokenized Assets, Keep Records Onchain
Futures brokers and clearinghouses regulated by the Commodity Futures Trading Commission can invest customer money in tokenized ve...
Fed proposes reserve limits, capital standards for stablecoin issuers under GENIUS Act
The Federal Reserve proposed new measures for stablecoin issuers, including reserve-asset limits and standardized capital requirem...
Tether Says EQIBank Exposure Is Below 0.034% of Group Assets
Tether says assets held at EQIBank amount to less than 0.034% of its group assets, after The Information reported that some of the...
US crypto ETFs draw over $3 billion this week, with nearly $800 million flowing beyond Bitcoin
US crypto exchange-traded funds have pulled in more than $3 billion this week as fresh demand spread beyond Bitcoin into Ethereum...