Cryptocurrency has the potential to generate significant wealth for investors, but it is important to be aware that this wealth may be subject to taxation. By understanding the tax implications of cryptocurrency and implementing strategic approaches, investors can minimize their tax burden. In this article, we will provide an overview of cryptocurrency taxes and present some strategies for minimizing tax liability.

6 Ways to Minimize Crypto Tax

Intellect Global Transaction Banking (iGTB), the transaction banking arm of Intellect Design Arena, a cloud-native, future-ready, new-gen multi-product FinTech company for the world’s leading financial and insurance institutions, has been named as a leader and ‘Best in Class’ Payments platform by Aite-Novarica Group in a report that evaluates the overall competitive position of payments technology providers, focusing on stability, client strength, product features, and client services.

Infibeam Avenues Ltd’s flagship brand ­­-- CCAvenue, has become India’s FIRST payment gateway player to process Central Bank Digital Currency (CBDC) or Digital Rupee transactions for online retail merchants, among payment gateway players.

It is an industry first where CCAvenue, has facilitated CBDC online transactions for one of India’s leading private sector banks, by processing their CBDC transaction, with an aim to strengthen India’s digital payments ecosystem further. 

New research from Freedom Finance, one of the UK’s leading digital lending marketplaces, reveals the scale of demand for financial services products as more than two in five (43%) of UK adults – or around 23 million people – either considered or applied for at least one financial services product in the past year.

London-based RegTech startup docStribute has joined forces with Penrith Building Society to make their best-in-class DLT solutions available to Penrith members. 

Global identity verification provider ID-Pal today announced a partnership with specialist buy-to-let lender Keystone Property Finance to enhance their digital onboarding process for both mortgage brokers and borrowers. 

The UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”) has appointed Martin King as Head of Corporate Sales, Strategy and Partnerships as it continues to grow its support for SMEs and advisors throughout the UK.

Worldline, a global leader in payments services, announces the extension of a partnership with ING Bank N.V., the Dutch international bank. Worldline will handle debit and credit card issuing and processing for ING across multiple countries, based on the signed agreement for multi-year period.

International independent wealth advisory firm, Globaleye, today launched a new hybrid wealth management solution, offering both – digital-only and hybrid wealth advice. Globaleye 3.0 will address a gap within the region for efficient, highly personal, digital advice.