The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30 Indias finance minister Nirmala Sitharaman said Theres been a phenomenal increase in transaction in virtual digital assets The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime

The Bitcoin industry in Russia is still uncertain about how the countrys regulatory authorities may react at any time to cryptocurrency usage But the Russian government agencies seem to have understood the potential of Bitcoins underlying blockchain technology and are even working on it

Titanium Blockchain Infrastructure Services TBIS is the latest ICO project charged with fraud by the SEC The Commission announced on May 29th that a court order had been obtained against the project Michael Alan Stollery the CEO of TBIS is also under investigation by the regulatory body

The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30 Indias finance minister Nirmala Sitharaman said Theres been a phenomenal increase in transaction in virtual digital assets The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime