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...
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...
by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Regulators are increasingly worried that more consumers are buying 17,000 different cryptoassets, including bitcoin and ether, which account for 60% of the market, without being fully aware of the risks LONDON:, Consumers risk losing all their money invested in...
by AIP Online Bureau | Mar 12, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
A financial source in the UAE confirmed that Russians were buying property in Dubai, using crypto as a way of getting their money out of other jurisdictions and into the Gulf state Dubai, the Gulf’s financial and business centre and a growing crypto hub, has...
by AIP Online Bureau | Mar 10, 2022 | Facts, Policy, Regulation, Wealth Management/ Philanthropy
Populations that have limited access to mainstream financial services is a key group the Treasury will look to reach, Nellie Liang, Treasury undersecretary for domestic finance “We’re hearing more and more about investors and households who are purchasing crypto...
