Crypto Stock Prices Drop as IPOs Postponed Due to Tariff Uncertainty

As cryptocurrency prices continue to decline, traditional stocks related to the crypto industry are also seeing a downward trend. Initial public offerings (IPOs) within the cryptocurrency sector are facing delays due to the ongoing tariff disputes. The fluctuating market conditions have created a sense of uncertainty among investors, leading to a drop in the value [...]

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Officers Committee recommends postponing the decision to impose GST on cryptocurrency.

The Fitment officers Committee determined that it was essential to list all relevant supply related to the crypto-ecosystem that are subject to GST, together with their type—whether they are products or services—and the associated rate. The GST Council has been advised to postpone a judgement regarding the taxability of cryptocurrencies and other virtual digital assets […]

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