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As a result of the 30 percent tax, the volume of Indian crypto exchanges has decreased

Just ten days after the tax rule went into effect, new data on the trading volume of Indian crypto exchanges.

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The Indonesian government has set a 0.1 percent cryptocurrency tax to be implemented in May

The Indonesian Ministry of Finance’s Directorate General of Taxes has established a 0.1 percent income tax (PPh) on capital gains.

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A member of the Indian parliament has proposed a crypto tax of more than 30%.

A member of Parliament, Sushil Kumar Modi, has encouraged India’s finance minister, Nirmala Sitharaman. Also, to consider boosting the capital.

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India’s new crypto tax regulation prohibits losses from being adjusted against earnings

In a move that could have a negative influence on crypto adoption in India, the government said that its pending.

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To collect tax debts, the Argentine Tax Authority will be able to seize digital wallets

The Argentinian Tax Authority, or AFIP, has listed digital wallet funds as one of the assets that can be taken.

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Reaction in Crypto Marketplaces Over India’s 30% Tax on Crypto Income

Earlier today Tuesday, February 1, 2022, the Indian Finance Minister, Nirmala Sitharaman, announced a 30% tax on cryptocurrency income. However,.

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