Is Bitcoin Mining Legal in India? Miners Still Don’t Know

2020-7-29 18:40

Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal.

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Miners' Reward Token (MRT) на Currencies.ru

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miners don know india still future illegal

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It has been suggested by BTC.Top CEO Jiang Zhuoer and a cartel of other miners, that a 12.5 percent tax be imposed on Bitcoin Cash (BCH) block rewards for development fees on the protocol. This comes with a threat of orphaned blocks for those who don’t adhere to the payment and an overarching feeling of […] The post Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move appeared first on BeInCrypto.

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

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