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India
3AC Contagion Fears; Saylor Buys More Bitcoin
Three Arrows Capital reportedly told to liquidate while market contagion fears grow. Microstrategy buys another $10 million worth of bitcoin. N. Korea suspected of $100 million Harmony Horizon hack. India’s 1% tax deducted at source on crypto transactions starts tomorrow. K-pop metaverse artists log in to mainstream popularity. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Influencers Are Responsible for 92% of Crypto Ad Violations in India, Report Says
Violations included not carrying a required disclaimer or paid partnership tag on the ad, according to the Advertising Standards Council of India.
SBF Agrees Second Bailout; Pride in the Metaverse
Bitcoin, cryptocurrencies return to red with soaring U.K. inflation. Sam Bankman-Fried steps in to bail out BlockFi.Indian tax authorities to discuss 28% GST on crypto trading next week. Chinese regulators vow to prevent further crypto risks. Pride events head into the metaverse, offering a new safe space for the LGBT community. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
RBI, Indian Banks to Pilot Blockchain Trade Financing: Report
HDFC Bank, ICICI Bank and State Bank of India are among those participating in the project designed to prevent loan fraud.
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
The 1% tax deducted at source for virtual digital assets kicks in on July 1.
Coinbase Layoffs Include 8% of India Team
The company said Tuesday it is shedding 1,100 employees, or 18% of its global workforce.
Do Kwon Loses Appeal; India’s Crypto Pirate Warning
Do Kwon, Terra lose in court against US SEC.India’s chief economic advisor compares crypto to world of Caribbean pirates.Circle’s head of policy calls CBDCs a ‘preposterous idea’. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Litecoin Gets the Boot; India’s Tax Typo
Litecoin kicked out of South Korean crypto exchanges.Indian government clarifies crypto tax cut to 0.1% was a ‘typo’ error.Veteran investor Jim Rogers weighs in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
US Senators’ Crypto Bill; India’s Crypto Taxes Bite
Industry players weigh in after US crypto bill unveiled. Indian crypto exchange WazirX warns of tough year ahead. Singapore’s ADDX to recognize crypto assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bitcoin Might, in Fact, Be the Great ‘Equalizer’
A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.
