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New turmoil swings Indian crypto exchanges in balance

India’s stringent crypto taxation and shadow banking ban have driven crypto exchanges into survival mode. Despite this challenge, the industry is adapting, with exchanges exploring innovative strategies to stay afloat. India‘s imposing a stringent 30% tax on crypto profits and a 1% TDS on transactions in March 2022, coupled with the shadow banking ban later, […]
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$393 billion balance sheet expansion

The Federal Reserve’s recent $393 billion balance sheet expansion may be linked to the ongoing bitcoin price rally and a growing distrust in the traditional banking system. The Federal Reserve’s balance sheet has grown by an impressive $393 billion in just two weeks, which has led to speculation about the reasons behind this expansion. One […]
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