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News for tag: "penalty"
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India\'s 2026 Budget Holds Crypto Tax & TDS Rates, Introduces New Penalty for Non-Compliance
02.02.2026 08:48
The Indian government\'s Interim Budget for 2026 has maintained the existing tax framework for cryptocurrency transactions. Key provisions, including the 30% tax on virtual digital asset (VDA) profits...
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KuCoin Appeals $14M FINTRAC Penalty Over AML Compliance Violations in Canada
26.09.2025 01:18
Cryptocurrency exchange KuCoin is challenging a significant enforcement action by Canada\'s Financial Transactions and Reports Analysis Centre (FINTRAC), which resulted in a penalty exceeding $14 mill...