Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals. India’s current fiscal year ending in March marks the first financial year where India, the country housing the largest percentage of crypto users in the world, is finally providing clarity on crypto
Tax experts weigh in on how the IRS views crypto trading profits, gifts, mining rewards and more. Tax filing day may be months away, on April 18, 2023, to be exact. But, if you’ve bought, sold, traded, earned or lost cryptocurrency this year, now is the time to prepare. This piece is part of Coindatacap.com Tax
A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved. Earlier this week, it was announced that members of the Bored Ape Yacht Club NFT collection would be getting their very own cryptocurrency, ApeCoin. The
A wallet address is a unique identifier that allows for the sending and receiving of cryptocurrencies. Wallet addresses are generated from public keys and are essential for interacting with blockchain networks. Different cryptocurrencies have different wallet address formats, and it’s crucial to use the correct address for the intended cryptocurrency. Understanding Wallet Addresses A address, a unique identifier in the
Definition Technically, “Crypto Tokens” is just another word for “cryptocurrency” or “crypto asset.” But increasingly it has taken on a couple of more specific meanings depending on context. The first is to describe all cryptocurrencies besides Bitcoin and Ethereum (even though they are technically also tokens). The second is to describe certain digital assets that
Bitcoin, Ethereum, and other crypto are revolutionizing how we invest, bank, and use money. At its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in 2008, was the first cryptocurrency, and it remains by far the biggest, most influential, and best-known. In the decade since, Bitcoin and
Cryptocurrencies like Bitcoin and Ethereum are powered by a technology called the blockchain. At its most basic, a blockchain is a list of transactions that anyone can view and verify. The Bitcoin blockchain, for example, contains a record of every time someone sent or received bitcoin. Cryptocurrencies and the blockchain technology that powers them make it