The virtual coin which does not have any central bank or a single administrator, opened the gates for making quick money. Now, this digital coin is an innovative payment network and a new kind of money in the blockchain industry. No one up to this date is aware of who invented this digital coin, however, many speculations and names have popped up. The digital coin has surpassed the market cap of $1 trillion in April last year. Under the new tax rules, in India, a 30% capital gains tax is imposed on crypto transactions.

Source: Mint April 02, 2022 21:52 UTC