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Crypto Chaos Happening in India As Central Bank Continues Policy of Opposition

Cryptocurrency adoption in India continues to accelerate, yet the nation’s central bank, the Reserve Bank of India (RBI), is holding firm on its stance against it. Recently the RBI issued a “Regulatory Sandbox” of promising fintech developments that it considers worthy of testing and exploration. The document expressly puts cryptocurrencies on a “negative list” of…

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Crypto Market Programmatic Trading & its Fragmentation

Digital currencies are highly volatile. Since the 2009 release of the open source Bitcoin protocol, the crypto market has birthed over 2525 cryptocurrencies. Powered by Satoshi's blockchain technology, these digital assets now have an aggravated total market capitalization of approximately $172 billion at the time of writing. Programmatic trading utilizes computer algorithms to execute trades,…

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World Bank & IMF Introduce Token to Promote Blockchain and Crypto Education

Over the last couple of years, numerous governments and financial institutions have experimented with blockchain technology, granted its increasing popularity. Now, recent reports indicate that in an attempt to learn more about how blockchain technology and cryptocurrencies work, the International Monetary Fund (IMF) and the World Bank have launched an educational blockchain-based token. The coin…

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Understanding the Principles of Cryptocurrency Taxation & Current Practices

Introduction Ever since cryptocurrencies became relevant, governments throughout the world have begun discussions on how to effectively regulate and tax the industry. A large part of the community does not agree with this, granted that the main purpose of digital currencies is to get rid of centralization and create a new financial society that isn’t controlled by a central authority.…

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