Tag: Crypto investors

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India’s Tax Department Collects Over $80M From Crypto Taxes, Sends Notices To 44,057 Non-Compliant Investors

Indian taxpayers paid as much as Rs 705 crore (approx. $80M) in taxes on virtual digital asset (VDA) gains for the financial years 2022-23...

UAE Government Confirms That Cryptocurrency Investments Alone Do Not Qualify for Golden Visa Residency

The United Arab Emirates (UAE) government has officially denied recent claims suggesting that cryptocurrency investments, specifically in Toncoin, can qualify individuals for the country’s...

Kenya Collects $77.5 Million in Taxes from 384 Crypto Traders Amid Growing Focus In Crypto

Kenyan government announces better revenue from cryptocurrencies traded, collecting $77.5 million (10 billion shillings) during the fiscal year of 2023-24. Anthony Mwaura, head of...

South Korea Sees 21% Surge in Crypto Investors in 2024 First Half Amid BTC Rise

South Korea has seen a significant increase in its crypto investors base as a young crowd's peeking interest combined with the rise in Bitcoin...

Indonesian National Regulator Reports 60% of its crypto investors are below the age of 30

Indonesian crypto markets are currently seeing a surge in investment activity by youngsters. According to data from Indonesian regulators, Gen Z and Millennials between...