India’s Minister of Information Technology Rajeev Chandrasekhar has disclosed that the country will continue its slow-and-steady approach toward digital currencies, according to the Economic Times. Chandrasekhar noted that the incoming Digital India Act is poised to transform India’s digital economy into a $1 trillion industry before 2028. Chandrasekhar spoke at the Times Network India Digital […]
Arthur Hayes and Akshat Vaidya are looking to beat bitcoin and ether’s returns, but they are going to take their time doing it. Hayes, the former CEO of crypto exchange BitMex, and Vaidya, BitMex’s former head of corporate development, founded Maelstrom Capital, where Vaidya serves as head of investments. In an interview with CoinDesk, Hayes […]
Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have cast doubt on the figures and methodology. The Divly report published on April 5 came up with the estimate after analyzing the relationship between […]
The Bank for International Settlements (BIS) has released a working paper examining “crypto carry” — the differences between Bitcoin (BTC) and Ether (ETH) spot and futures prices — and its effect on crypto investment markets. The complex paper sheds light on the behavior of crypto investors, particularly smaller investors, in relation to boom and bust […]
Gaming-focused venture capital firm Bitkraft raised $220.6 million for its second «token fund,» which had a total target of $240 million, according to a March 30 filing with the U.S. Securities and Exchange Commission (SEC). The firm launched a similar fund in October 2021, with $75 million in committed capital that was seeking to invest […]