The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. The Indian government is...
According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring that existing law could require a 2% levy to be added onto the settlement price...
Raftaar, an Indian rapper, lyricist, dancer, TV personality and music composer, made headlines this weekend for being the “first Indian artist to accept performance fee in cryptocurrency.” The performance for which Raftaar will be paid in cryptocurrency is a one-hour virtual event in Ottawa, Canada, for a...
2 days ago El Salvador made historic decision to move to adopt Bitcoin as legal tender, now things are looking brighter in India for crypto-enthusiasts. Current signs shows government has moved away from its earlier hostile stance towards virtual currencies and will most likely...
China’s blockchain stance continues as one government agency publishes guidelines to accelerate the adoption of tokenless blockchain solutions. China’s Office of the Central Cyberspace Affairs Commission and the Ministry of Industry and Information Technology (MIIT) has identified four essential application areas for blockchain adoption.A...
The Copyright Society of China (CSC), a public, government-tied institution launched the China Copyright Chain. The new blockchain can document proof of digital assets, monitor infringement activities, collect evidence online, issue notices to remove piracy products and help courts settle copyright-related disputes and process lawsuits
  Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions.  According to an announcement published last Wednesday, users are now able to load up...
After launching its Klaytn blockchain technology platform for enterprise last month, one of South Korean messaging app provider has come out with the claims that their Blockchain network is 15 times faster than Ethereum. This was announced by Kakao subsidiary company, GroundX, in...
"Big Four" auditing and accountancy firm PwC has accepted its first ever payment in cryptocurrency. According to a report by The Wall Street Journal, out today, the firm's Hong Kong office indicated that it accepted the payment in relation to its work with local companies working with cryptocurrencies and blockchain technology. The transaction...
Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching...