Browsing: Crypto News

Indian Crypto investors must report their earnings from Bitcoin, Ethereum, Stablecoins, non-fungible tokens (NFTs), and other virtual digital assets in their income tax returns. The Income Tax Department has made it easy to file ITR-1, ITR-2, ITR-3 and ITR-4 online and offline for the Assessment Year 2026-27. However, in a majority of cases, the taxpayer would be required to have ITR-2 or ITR-3, depending on the type of activity. Here are a few steps to follow:

US President Donald Trump has agreed to the ethics provisions in the CLARITY Act, removing the biggest obstacle before the important crypto bill reaches the Senate. The decision has increased hopes that lawmakers will vote on the bill before the August recess. If approved, the legislation will create the first clear federal framework for digital assets in the United States.