Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading

The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament has begun and a crypto bill is expected to be taken up during this session. Indian Government Answers … Read moreIndian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading

Russians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

Some $5 billion (350 billion Russian rubles) of crypto changes hands in Russia every year, the country’s central bank said in its Financial Stability Overview report published Thursday. However crypto-related risks to the country’s financial stability are currently low because they are mostly isolated from the mainstream financial system, the report said. The reports cites … Read moreRussians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions

The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority of lawmakers in the Ghana legislature recently rejected a government proposal … Read moreGhana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions