The latest news on how much BTC lost in India
From this year's point of view, the digital money market is also very hot. For Tesla to buy bitcoin, the United States will support more than 300 million US dollars to buy bitcoin. Even some NBA teams also buy bitcoin in proportion. Therefore, after the exposure of the photos, countries around the world have strengthened their supervision on this matter
recently, Japan has also issued a bill to ban all cryptocurrencies, including digital currency, and impose fines on cryptocurrency transactions or holders. This bill may also bring heavy damage to the digital currency investors of millions of Indian enterprises. It is reported that this bill has won the majority of votes in the Indian government meeting. A working group in India also said that the maximum penalty for Indians involved in the exposure, possession, transaction or transfer of cryptocurrency is 10 years{ RRRRR}
India will clearly put forward a law and regulation prohibiting digital currency to punish those who buy, sell or even own such digital currency in a certain country this is likely to limit the enthusiasm of millions of Indian investors in digital currency projects. The agenda calls for a ban on the possession, sale and purchase of digital currencies by indivials such as BTC, and for the creation of a framework for virtual currencies on the official website of the government of India. However, the recent views of the Indian government have convinced investors that the Indian government is likely to adopt a more relaxed policy towards this rapidly developing sales market
security according to this survey, the digital money sales market is confused by Internet hackers and Internet criminals, whose theme activities have already caused millions of dollars of theft. Digital currency must apply blockchain application to deal with the trust problems in mutual trading< the way to deal with security risks is to adopt more stringent security precautions in order to better protect investors, strict security measures have been adopted to prevent network hackers from stealing investors' money. Although this kind of security measures will cause some shortcomings, such as the whole process of moving digital currency from offline to online, the assets of foreign exchange traders are more secure
in October 2013, bitcoin Bank of Australia was attacked by hackers, with a loss value of more than US $1 million. This incident has aroused the concern of bitcoin security in Australia. The Reserve Bank of Australia and the Australian tax office have said they want a virtual currency tax like a business transfer tax
Bangladesh
the Central Bank of Bangladesh banned the use of virtual currency in September 2014. Using bitcoin will be punished by law
Brazil
Brazil is one of the few countries in the world that has enacted laws related to electronic currency payment systems. Brazil has not banned bitcoin
Bolivia
for regulatory reasons, the Central Bank of Bolivia (BCB) has banned the use of bitcoin. BCB believes cryptocurrency will help business entities evade taxes
Canada
bitcoin is not considered legal, that is, bitcoin is not recognized by Canadian law. Canada's tax authorities plan to implement the same tax plan as barter trade and speculative trading for the bitcoin
China
China is one of the few countries in the world that ban bitcoin completely and prohibit financial institutions and banks from dealing with bitcoin transactions. In December 2013, the people's Bank of China issued a notice calling bitcoin & quot; Virtual goods;, And prevent it from becoming money
trading has been suspended
Ecuador has banned bitcoin, but it has chosen to set up a new state-owned electronic currency and monetary system, and the currency will be protected by the assets of the Central Bank of Ecuador
EU
at present, the EU still has different views on the classification of bitcoin. In October 2012, the European Central Bank's report on virtual currency concerns the legality of bitcoin under the EU legal framework. The European Banking Regulatory Authority issued a bitcoin risk warning, saying that the use of bitcoin has not been restricted at present
Finland
Finland has relevant regulations for the use of virtual currencies such as bitcoin. The relevant regulations are issued by the Finnish tax authority Vero skatt. Any gains arising from bitcoin transactions will be subject to capital gains tax
Hong Kong
Hong Kong has no regulations for bitcoin or any other virtual currency. However, the government is closely monitoring the use of bitcoin to prohibit money laundering, fraud and other illegal activities
India
India does not explicitly stipulate or prohibit the use of bitcoin. However, the Reserve Bank of India (RBI), equivalent to the Central Bank of India, has been forced to shut down India's largest bitcoin trading platform after it issued a notice that the use of bitcoin could cause money laundering and security problems
Israel
the Israeli tax authority is considering levying income tax on bitcoin transactions. Israeli banks even blackmail bitcoin payments
Kyrgyz
Kyrgyz central bank has banned the use of digital currency and bitcoin for the reasons of lack of centralized management, high currency risk and legal problems
Russia
the Central Bank of Russia believes that bitcoin may be used for money laundering and terrorist financing. Therefore, the Russian government banned the use of bitcoin
Taiwan
Taiwan's financial supervision commission is concerned about the uncertainty and speculation of bitcoin, so Taiwan opposes the installation of bitcoin ATM
UK
at present, there are no relevant regulations for the bitcoin. Profits or losses from bitcoin transactions are subject to capital gains tax, while the purchase of bitcoin is still subject to VAT
the U.S.
the U.S. is probably the most supportive country for virtual currencies such as bitcoin. There are no final rules on bitcoin. However, there are also many new rules for the establishment of bitcoin management framework.
As a popular new currency, it is publicly prohibited in many countries, but there are still unfair transactions in some countries, including Tesla's bitcoin gene exchange. In a few hours, the 18 millionth bitcoin will be mined, which is also the first cryptocurrency in the world. It's a step up to 20 million{ RRRRR}
one of the difficulties for the current global graphics card is caused by bitcoin, because many bitcoin mine owners used to mine it to obtain benefits., As a result, they buy a lot of equipment, including a lot of electricity, to dig, which is a blow to a global instry
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Due to the recent increase in the popularity of bitcoin and other digital currencies or cryptocurrencies, the prices of bitcoin and other virtual currencies are constantly rising, so many people follow suit to dig bitcoin or other virtual currencies, which also leads to the increasingly strict supervision of relevant currencies in various countries
in addition to China, many countries, including India, explicitly prohibit bitcoin trading, and even prohibit their own people from owning bitcoin{ RRRRR}
for bitcoin and digital cryptocurrency, it is always a high-risk investment, and its emergence has also led to the impact of many global instries, especially for some chip instries. So for most investors, they should abide by the local laws. Well, take China as an example. Although it is explicitly prohibited in China, for many countries, they carry out relevant bitcoin services. Therefore, it is still uncertain whether bitcoin is illegal
but we can be sure that it has indeed damaged the global financial market, especially the economic downturn caused by the current epidemic, and also has a very serious impact on the real economy
China has invested more than US $1 billion in India
I also saw the news, and then my first feeling about the news is that it doesn't matter, because I think India is very boring. I don't know what to say. This news is about that India has banned 43 Chinese apps. In fact, India did a lot of things to ban Chinese apps last year, but they have not achieved good results. Then, I will give some answers to this question
First, about the event of banning appthe incident happened in these two days when India's Ministry of information technology ordered to ban 43 app mobile applications in China. These include Taobao's live shopping and some popular short video applications, and India claims that the purpose of doing so is to protect their safety. Tiktok, China's 59 APP was banned in India a few months ago. The international version of the quiver and the UC browser of Alibaba were banned. RRRRR}
finally, my personal view is that it is actually a global village, and we need to build a human community together. India's approach is wrong
According to the latest Reuters news, General Motors will delay the sale of its Indian plant to Great Wall Motors e to the tense relationship between China and India, which may bring huge unplanned costs to general motors, according to people familiar with the matter
it is reported that it is expected to take quite some time to obtain the approval of the Indian government for the transaction with China, although the sale will still take place at some time in the future, and GM's action to close its Indian plant next month will be carried out as planned
however, according to a source inside Great Wall Motors, the Indian factory transaction is very likely not to be completed this year, while another instry person familiar with the relevant plans said that the delay makes great wall anxious because the company plans to launch its first locally proced car in India in the first half of 2021
it is reported that great wall plans to invest $1 billion in India. At present, it has started to recruit employees, including managers in charge of operating the plant. The company is also negotiating with auto parts suppliers. But even after the central government approves the project, it will take more than three months for the Great Wall to finalize the investment details
/ North Shore
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this article comes from the author of car home, which does not represent the standpoint of car home