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In recent times, the Indian government has intensified its scrutiny of the cryptocurrency trading landscape, particularly focusing on the compliance of major exchanges with the Goods and Services Tax (GST). As India propels itself into the digital currency sphere, the challenge of regulating this burgeoning industry becomes increasingly apparent. The recent allegations of tax evasion
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Semilore Faleti stands out in the increasingly competitive realm of cryptocurrency journalism. His journey into this complex field was not merely a stroke of luck; it was a meticulously cultivated aspiration. Initially dabbling in various subjects, Semilore discovered an unparalleled interest in the dynamic world of blockchain and digital assets. Unlike many writers who may
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In the cryptocurrency landscape, few assets exhibit the resilience shown by Cardano (ADA) in recent weeks. As Bitcoin—often considered the market barometer—experiences significant volatility, ADA has emerged as a bastion of stability, holding steady above the crucial $1.15 mark. This ability to maintain support amidst a market shakeout has not only drawn the attention of
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In the sprawling and ever-evolving world of cryptocurrency, few voices resonate as strongly as that of Samuel Edyme, affectionately known as HIM-buktu. With a diverse background as a web3 content writer and journalist, Edyme represents a new breed of professionals who navigate the often treacherous waters of digital finance with a blend of insight, experience,
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In recent years, stablecoins have emerged as prominent participants in the financial ecosystem, often marketed as secure digital alternatives to traditional currencies. However, the Financial Stability Oversight Council (FSOC) has sounded the alarm regarding the potential threats these assets pose to financial stability. According to its 2024 annual report, FSOC’s primary concerns center around insufficient
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On December 5, 2024, Bitcoin crossed the remarkable threshold of $100,000, prompting the Financial Times (FT) to publish a piece that many considered more contentious than conciliatory. This piece, crafted by City Editor Bryce Elder on FT Alphaville, attempted to apologize for the publication’s long history of critical coverage of Bitcoin. However, rather than genuinely
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The arrival of US Spot Bitcoin Exchange-Traded Funds (ETFs) has marked a watershed moment for both Bitcoin and the larger cryptocurrency landscape. Since their inception in January 2024, these ETFs have experienced explosive growth, fundamentally altering the dynamics of digital asset investment. With their rise, they’ve set new records in traditional financial markets and have
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