Keeping Your Crypto Safe Against Potential Hacks
In this week's episode, Host Abhi Soomaney talks about how investors can save their investments from potential hacks and theft. Let's learn more about Crypto hacks and theft, along with tips on how we can avoid and protect ourselves through this.Show Notes: How to Safeguard your Investment Two Factor Authentication Online Wallet Address Hacks Investment Scam Funding and Trading Account Double Spending Selfish MiningLearn more at https://cryptotax.co.in/
Tax Laws in India (TDS & 30% Rate on Crypto Income)
In this week's episode, Host Abhi Soomaney talks about the CryptoCurrency Tax Laws in India. Abhi shares what are the taxable events, tax rates, Acid investments, Tax Deducted at Source (TDS) in India and more.Story NotesWhat is Taxable EventTDS in IndiaTDS TransactionsMargin Trading and CryptoWho tracks all transactions in CryptoLearn more at https://cryptotax.co.in/
Crypto Banks vs.Traditional Banks
Watch this week's episode of Unlocking the Decentralized podcast as Host Abhi Soomaney discusses how crypto exchanges like Coinbase and Binance act as competitors to traditional banks. Abhi also highlights the topics of interest rates, exchanges' compliance with the SEC regulations and other reporting, lending rates, and fixed percentages that CB charges banks when making transactions. He also answers the questions about what a crypto bank does and how it makes money, is there fraud protection, and How safe is the investors' money when they deposit or transact using Crypto Bank?Story NotesCrypto BankWill Exchanges Have to Comply With SEC Regulations and Other Reporting’s?Crypto Bank VS Traditional BankHow Safe Is the Investors Money When They Deposit or Transact Using Crypto Bank?Cryptocurrency Interest Rates What is the Lending rate? What is the Exchange HouseWill This Be Like a Global Bank With Multiple Branches Set Up in Various Countries?Advantages of Having a Crypto BankLearn more at https://cryptotax.co.in/
Crypto & Illicit Activities
In this week’s episode, Host Abhi Soomaney talks about using cryptocurrency for illicit activities including tax fraud and theft. He also discusses what is the blockchain and the difference between the private and public blockchain.Story Notes:What is BlockchainPrivate and Public BlockchainIllicit activities on BlockchainsTransaction SplitsWhat does Anonymous MeanOnline WalletsTransferring Tokens to a Wrong AccountThere's no Dispute on CryptoLearn more at https://cryptotax.co.in/
Crypto Tax Audits
Watch the full episode of the Unlocking the Decentralized podcast as Host Abhi Soomaney with guest Alex Massarjian, discuss the topics about crypto tax audit process, what are the specific documents required and data investigation. Let's learn more about the crypto tax audit in this episode.Story NotesCrypto Tax AuditBest Way to Keep Track of Crypto TransactionsTransfer AnalysisHow Reliable the Data from AuditsData InvestigationCrypto Tax Audit ProcessSpecific Documents RequiredLearn more at https://cryptotax.co.in/