Pakistan Suspends Cryptocurrency Services, Declares Permanent Ban
The Pakistani government has announced a decision to suspend all types of cryptocurrency services available in the country. Finance and Revenue Minister Aisha Ghaus Pasha, in a speech to members of parliament, said cryptocurrency "will never be legalized in Pakistan." ...
UK Finance Ministry Closes Consultation on Cryptocurrency Regulations
UK Finance Ministry shuts down gathering of views on cryptocurrency regulations Some major counterparties including a16z, Binance and Circle responded Government warns against repeating US mistakes and calls for "broader thinking" Late last month, Apr ...
India’s High Tax Rates on Crypto Transactions Makes Trading Unprofitable
India's cryptocurrency trading scene has taken a hit due to the high tax rates, making it difficult for traders to turn a profit. The presence of crypto exchanges and trading operations seems to be of little use, as India's tax authorities have collected a significant sum of $19 million from cryp ...