GetBit sees India easing crypto taxes
Abhay Agarwal, founder of GetBit, said India may revisit its cryptocurrency tax framework within two to four years as regulators gain greater visibility into the sector.
Abhay Agarwal, founder of GetBit, said India may revisit its cryptocurrency tax framework within two to four years as regulators gain greater visibility into the sector.
Illinois Governor JB Pritzker signed a budget bill introducing a 0.2% tax on cryptocurrency transactions involving state residents as part of a US$55.9 billion fiscal 2027 budget.
Russia's Finance Ministry said USD Coin will be added to the country's approved cryptocurrency list alongside Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH) and Tether.
South Korea's retail cryptocurrency trading volume fell 28% year-on-year to US$69 billion in the first quarter of 2026, according to data from TRM Labs.
DK Bank, operating in Bhutan's Gelephu Mindfulness City, launched as a regulated bank focused on serving crypto businesses.
Canada announced sanctions against 162 Russian-linked individuals, organisations and vessels, including crypto platform Grinex, as part of a broader effort to target Russia's financial and export infrastructure.
XRP (CRYPTO:XRP) withdrawal activity on Binance rose to 53.2% of transaction flows on June 15, while the exchange's XRP leverage ratio reached its highest level of 2026.
The International Monetary Fund reported that Nigeria received US$59 billion in crypto-asset inflows between July 2023 and June 2024, highlighting the growing role of stablecoins in cross-border payments and financial activity.
Ethereum (CRYPTO:ETH) developers have entered the final development phase of the Glamsterdam upgrade, with teams running private developer networks that include all planned protocol changes.
Humanity Protocol said it will airdrop a new H token to eligible holders after retiring the previous H contracts following a June 8 exploit.
Strategy Executive Chairman Michael Saylor said Bitcoin (CRYPTO:BTC) could become the foundation for global money, credit and capital markets, extending its role beyond payments.
Blockchain analysis indicates that Satoshi Nakamoto, the creator of Bitcoin (CRYPTO:BTC), controls approximately 1.1 million BTC worth nearly US$73 billion.
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