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Just-In: India Issues Fresh Take On Crypto Assets
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Vijay Dhanasekaran - Chief Blockchain Strategist Advisor
WebJul 1, 2024 · The year 2024 was one of the best times for crypto investors. While Bitcoin had hit an all-time high of $69,000 (Rs 54.5 lakhs) in November 2024, the overall Bitcoin market capitalization stood at almost $3 trillion. Analysts and crypto evangelists were predicting Bitcoin to cross the $100,000 dollar mark before the end of the year. WebJun 8, 2024 · Finance Minister Nirmala Sitharaman made two announcements in Union Budget 2024-23 significant for the crypto asset industry of India. The Indian government will levy a 30% tax on the profit earned by crypto-assets, and the Digital rupee will be introduced in the fiscal year 2024-23. Web2 days ago · FTX has benefited from a recent rise in crypto prices, Dietderich said. Its total recovery would be valued at $6.2 billion based on crypto prices from November 2024, … pop up greenhouse argos