The GST rate on digital gold purchases through Jar is 3%. This tax is mandated by the Indian government and is applied to the value of the gold at the time of purchase.
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Cryptocurrency impacts the banking industry by making the following transactions more efficient:Payments Loans Securities Funding Clearing and Payment Systems Credit Systems Trade Finance Customer KYC and Fraud Prevention Such.Banks are experiencing a growing need for custody services such as storage, maintenance, and protection of cryptocurrency assets. For ...Read more
Mark Cuban has been a vocal advocate for cryptocurrency, particularly Bitcoin, which he likens to digital gold due to its store of value and capped supply. While he hasn’t disclosed specific investments in this discussion, Cuban is known for supporting innovative blockchain projects, including EtherRead more
Mark Cuban has been a vocal advocate for cryptocurrency, particularly Bitcoin, which he likens to digital gold due to its store of value and capped supply. While he hasn’t disclosed specific investments in this discussion, Cuban is known for supporting innovative blockchain projects, including Ethereum and decentralized finance (DeFi) platforms.
During a December 12 podcast with Jon Stewart, Cuban emphasized the significance of crypto in shaping young voters’ political engagement. He criticized Vice President Kamala Harris’s administration for crypto policies that, he claimed, alienated this demographic and potentially cost her the election.
Cuban also expressed interest in replacing SEC Chair Gary Gensler, advocating for balanced crypto regulations to protect investors while fostering innovation.
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