Cryptocurrencies should be treated like investments in gold and other assets, the minister wrote in a letter to the prime minister. Russian Minister of Finance Anton Siluanov reiterated the ministry's stance on regulating rather than banning crypto, and suggested legalizing cryptocurrency trading through banks, Russian newspaper Kommersant said, citing a letter Siluanov sent to Prime Minister Mikhail Mishustin on Wednesday. In contrast to the Bank of Russia, which advocates a

Profits derived from trading Crypto Assets will attract 30% taxes, Indian Finance Minister Nirmala Sitharaman made an announcement while addressing the budget session earlier today, February 1. This clears the air on crypto taxation which has previously kept investors on tenterhooks. The Finance Minister said: There has been a phenomenal increase in transaction in virtual digital assets. The magnitude and frequency of these transactions have made it imperative to provide for