null source: https://x.com/BSCNews/status/2010438570776141919

According to Cointelegraph, India's Financial Intelligence Unit (FIU) has introduced new guidelines aimed at strengthening the onboarding process for users on cryptocurrency platforms. These regulations require crypto exchanges to implement more stringent verification methods, including live selfie pictures and geographic location checks. The Times of India reports that the selfie verification process involves software that monitors users' eye and head movements to prevent AI deep fakes from circumventing the know-your-customer (KYC) protocols. Additionally, exchanges are mandated to collect geolocation data and IP addresses during account creation, along with a timestamp of the account setup. To comply with anti-money laundering (AML) requirements, exchanges must verify user bank accounts by initiating a small transaction. Users are also required to provide additional government-issued photo identification and verify their email and mobile numbers to establish an account with a registered crypto exchange. These measures reflect India's regulatory approach to cryptocurrencies and digital assets, considering the country's vast market potential with a population exceeding 1.4 billion. The influx of Indian users into the crypto space could potentially lead to increased investment opportunities. In related developments, India's Income Tax Department (ITD) officials met with parliamentary lawmakers to discuss the challenges posed by cryptocurrencies and decentralized finance platforms in tax enforcement. The ITD highlighted that decentralized exchanges, anonymous wallets, and the cross-border nature of crypto transactions complicate taxation efforts. Jurisdictional differences in tax regulations further hinder efficient taxation of cryptocurrencies. Under India's Income Tax Act, gains from cryptocurrency sales are taxed at a rate of 30%, with deductions limited to the cost basis against the gains. Crypto traders in India are unable to offset gains with losses from other transactions, as tax loss harvesting is not permitted. These discussions underscore the ongoing complexities in regulating and taxing the rapidly evolving crypto landscape in India.

The price of a yet-to-be-launched altcoin was shared on the social media platform X as part of a new cryptocurrency feature that will be added. Continue Reading: Key Figure in X Shared an Image Showing the Price of a Highly Anticipated But Not Yet Released Altcoin source: https://en.bitcoinsistemi.com/key-figure-in-x-shared-an-image-showing-the-price-of-a-highly-anticipated-but-not-yet-released-altco/

아직 출시되지 않은 알트코인의 가격이 소셜 미디어 플랫폼 X에 새롭게 추가될 암호화폐 기능의 일부로 공유되었습니다. 계속 읽어보세요: X 경영진의 영향력 있는 인물이 큰 기대를 모으고 있지만 아직 출시되지 않은 알트코인의 가격을 보여주는 시각 자료를 공유했습니다! source: https://kr.bitcoinsistemi.com/an-influential-figure-in-x-management-shared-a-visual-showing-the-price-of-a-highly-anticipated-but-yet-to-be-launched-altcoin/

17. 5 million Instagram users have reportedly had their usernames, house and email addresses, phone number as well as other personal information put up for sale on underground websites, according to Malwarebytes. Users have reported receiving multiple password reset request emails following the alleged hack reported by Malwarebytes. However, Meta continues to insist that there was […] source: https://www.cryptopolitan.com/instagram-denies-data-breach/

Monero (XMR) is on the brink of shattering an eight-year record, threatening to break an all-time high that has stood since January 2018. source: https://u.today/will-monero-be-next-zcash-top-trader-says-it-has-best-looking-chart

Tax and other regulatory agencies in India claim that cryptocurrencies and permissionless blockchain tech undermine tax collection. source: https://cointelegraph.com/news/india-tighten-kyc-crypto-user-onboarding?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/cointelegraph/status/2010434284461469957

The S&P 500 does not stay the same. It never has. Companies enter, companies leave. Some grow fast and earn a spot, while others shrink, merge, go private, or collapse. Stability is not how this index works. So perhaps this churn helps explain how the market behaves over time. Prices can rise while the lineup […] source: https://www.cryptopolitan.com/sp-500-sees-declining-company-stability/

다음 주에는 암호화폐 업계에서 수많은 경제적 발전과 알트코인 관련 이벤트가 있을 예정입니다. 자세한 내용은 다음과 같습니다. 계속 읽어보세요: 주목하세요! 다음 주에는 수많은 경제 동향과 알트코인 관련 이벤트가 예정되어 있습니다! 날짜별, 시간별 이벤트 목록을 아래에서 확인하세요! source: https://kr.bitcoinsistemi.com/attention-numerous-economic-developments-and-altcoin-events-are-coming-up-next-week-heres-the-list-day-by-day-hour-by-hour-2/

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