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Digital ruble to add $3 billion to Russia’s economy each year
Digital ruble to add $3 billion to Russia’s economy each year

Share link:In this post: • Digital ruble to bring Russia’s economy $3 billion annually. • Economic effect for Russian firms estimated at $600 million a year. • Analysts warn about losses for the country’s banking system and security risks.

Cryptopolitan·2025/08/18 19:40
India’s tax office initiates dialogue with crypto sector to set up tax regime
India’s tax office initiates dialogue with crypto sector to set up tax regime

Share link:In this post: India’s tax authority, the CBDT, has asked crypto platforms for input on the country’s new VDA law. Key issues include the 30% flat tax on crypto gains, the 1% TDS on every transaction, the inability to offset losses, and banks’ reluctance to support crypto-related accounts. India is exploring a comprehensive law and global alignment under the OECD’s crypto-asset reporting framework.

Cryptopolitan·2025/08/18 19:40
Google ups its stake in TeraWulf, sending stock surging 12%
Google ups its stake in TeraWulf, sending stock surging 12%

Share link:In this post: Google increased its stake in TeraWulf from 8% to 14% with $3.2 billion in total backing. TeraWulf signed two 10-year AI compute deals with Fluidstack for over 360 MW capacity. The Fluidstack contracts are worth $6.7 billion and could rise to $16 billion with extensions.

Cryptopolitan·2025/08/18 19:40
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