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Cryptocurrencies: why they’ve crashed and what it could mean for their future

by AIP Online Bureau | May 15, 2022 | Articles, Eco/Invest/Demography, Trends, Facts, Wealth Management/ Philanthropy

Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a “peg” to some other underlying asset If you had invested £100...

Crypto bodies being targeted by North Korean hackers: Singapore’s DeFiance Capital

by AIP Online Bureau | Apr 20, 2022 | Eco/Invest/Demography, International News, Technology

“It is critical that this industry is highly aware that we are being targeted by a state-sponsored cybercrime organization that is extremely resourceful and sophisticated,” Cheong said on Twitter All prominent cryptocurrency organizations are probably being targeted...
Money laundering, terror financing biggest risks of crypto: Sitharaman

Money laundering, terror financing biggest risks of crypto: Sitharaman

by AIP Online Bureau | Apr 19, 2022 | Eco/Invest/Demography, International News, Policy, Technology, Wealth Management/ Philanthropy

India’s finance minister Nirmala Sitharaman “If I use 2019 data, the digital adoption rate in India is about 85 per cent. But globally that same year it was only somewhere near 64 per cent. So the pandemic time actually helped us to test and prove for...

FAQ on taxation of crypto, virtual digital assets in works

by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 per cent income tax plus cess and surcharges will be levied on such transactions in the same manner as the tax law treats winnings from horse races or...
Brazil and Indonesia lead the world in crypto adoption: Study

Brazil and Indonesia lead the world in crypto adoption: Study

by AIP Online Bureau | Apr 4, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

Brazil and Indonesia lead the world in crypto adoption, Gemini found, with 41% of people surveyed in those countries reporting crypto ownership, compared with 20% in the United States and 18% in the United Kingdom Gemini found that 79% of people who reported owning...
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