Analyzing a good crypto project requires a comprehensive evaluation of various factors. Here are some steps to consider:
1. Team and Advisors: Research the project's team members and advisors. Look for their experience, expertise, and credibility in the crypto industry. Check their past projects, achievements, and qualifications.
2. Whitepaper: Read the project's whitepaper thoroughly. It should provide a clear and detailed explanation of the project's goals, technology, use cases, and roadmap
India Reviewing Its Crypto Stance as Global Outlook Eaeses.
The review comes as Donald Trump's crypto friendly policy has pushed countries to soften their approach on digital assets.
What to know: India is going to have a second look at the crypto discussion paper, which was put on hold last year. The review comes as many countries appear to take a softer stance on crypto following the lead of the U.S. government. The Indian government is rethinking its stance on crypto as the global view on digital assets starts to thaw.
Although crypto is unregulated in India, the country started taxing digital assets in 2022, charging 1% tax-deducted-at-source (TDS) on crypto transactions and introducing a 30% capital gain tax. Since then, the crypto sector has been trying to get the Narendra Modi-led government to ease taxation and bring policy clarity to grow digital assets in the country. Â The Indian government's review comes as Donald Trump's crypto friendly regime has reignited hopes of widespread crypto adoption in the U.S. and approval of more financial products linked to tokens."More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again," India's Economic Affairs Secretary Ajay Seth told Reuters in an interview. The discussion paper on crypto was put on hold last year as officials were focusing on other priorities.
đ¨đ¸ In the last four hours, $1.3 billion has been liquidated
Markets tumbled as Trumpâs new tariffs hit Mexico (25%), Canada (25%), and China (10%). Canada retaliated, Mexico considers countermeasures, and China plans a WTO complaint.
đŁ The London Stock Exchange Breaks New Ground With Blockchain Digital Market
The London Stock Exchange Breaks New Ground With Blockchain Digital Market.In a groundbreaking move, the London Stock Exchange (LSEG) has unveiled its ambitious plan to introduce a digital market powered by blockchain technology, marking the first major exchange to embrace this innovative approach for traditional financial assets, according to the Financial Times.The announcement was made by Murray Roos, the Head of Capital Markets at the LSEG, who emphasized that this decision follows a year-lo
EDUCATIONAL POST:Analyzing a good crypto project requires a comprehensive evaluation of various factors. Here are some steps to consider:1. Team and Advisors: Research the project's team members and advisors. Look for their experience, expertise, and credibility in the crypto industry. Check their past projects, achievements, and qualifications.2. Whitepaper: Read the project's whitepaper thoroughly. It should provide a clear and detailed explanation of the project's goals, technology, use cases
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