India Considers 18% Tax on Bitcoin Transactions

HomeNewsCryptoInvestingMarketsEconomy India Considers 18% Tax on Bitcoin Transactions India’s government is weighing the option of a bitcoin transaction tax that would add around $1 billion in yearly revenue, a decision various industry participants say is proof of the government’s increasing comfort regarding cryptocurrencies. According to The Times of India, the proposal presented by the Central…

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Coinbase will Suspend XRP Trading Following SEC Lawsuit Against Ripple

HomeNewsCryptoInvestingMarketsEconomy Coinbase will Suspend XRP Trading Following SEC Lawsuit Against Ripple Coinbase stated that it will suspend XRP trading, following last week’s U.S. Securities and Exchange Commission lawsuit against Ripple Labs.  Coinbase first listed XRP on its retail-racing platforms almost two years ago, in February 2019. However, the company wrote that XPR trading “will move…

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Bitcoin Beats Walmart, Visa and Samsung, Touching $500 Billion Market Cap

HomeNewsCryptoInvestingMarketsEconomy Bitcoin Beats Walmart, Visa and Samsung, Touching $500 Billion Market Cap Becoming more valuable than the payment services giant Visa, the price of Bitcoin surpassed $28,000 on Sunday. It’s been a colossal month for the world’s largest cryptocurrency.  With the total market cap crossing $500 billion, the cryptocurrency now holds a greater value than the…

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Bitcoin Enjoys Best Week in 20 Months With 23% Gain

HomeNewsCryptoInvestingMarketsEconomy Bitcoin Enjoys Best Week in 20 Months With 23% Gain Since Monday, Bitcoin has seen a 23% increase to end the week trading just under $23,500. The cryptocurrency has enjoyed its highest weekly performance since April 2019. It was a spectacular week for bitcoin, setting record price highs four days of the past five,…

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How Blockchain can be Implemented in the Maritime Industry

HomeNewsCryptoInvestingMarketsEconomy How Blockchain can be Implemented in the Maritime Industry Seasoned experts in the financial industry are seeing how blockchain technology can be used in other industries besides capital markets. These experts are especially interested in the maritime industry, due to the many advantageous ways in which financial knowledge can be applied to the sector. …

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The Path To Institutionalizing Digital Assets

HomeNewsCryptoInvestingMarketsEconomy The Path To Institutionalizing Digital Assets The driving force behind investments in new technologies is the push to further institutionalize digital assets. What are the other key elements, apart from technology, necessary to adopt digital assets in capital markets? Firstly, how do blockchain platforms support the life cycle of digital assets?    The function…

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