Canada’s Wealthsimple aims for real-world cryptocurrency use as it looks beyond trading

Canada's Wealthsimple aims for real-world cryptocurrency use as it looks beyond trading

TORONTO, Jan 31 (Reuters) – Canadian online brokerage Wealthsimple wants to chart a future enabling the real-world use of cryptocurrencies rather than simply facilitating trading, but is likely to face unexpected costs and uncertain regulatory terrain along the way. Launched in 2014 as a stock-trading platform, Wealthsimple currently has C$15 billion ($11.9 billion) in assets. … Read more

India to tax cryptocurrencies at 30%, puts digital assets in highest tax band

India to tax cryptocurrencies at 30%, puts digital assets in highest tax band

A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai, India, June 6, 2019. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register MUMBAI, Feb 1 (Reuters) – India will impose a tax of 30% on income from cryptocurrencies and … Read more