Crypto Heists and Taxation: Navigating the Digital Finance Frontier

Simply Crypto

Explore North Korea's record-breaking $1.34 billion cryptocurrency theft in 2024 and its implications for global security. Delve into India's evolving crypto tax landscape with a landmark ruling on capital gains. Discover how businesses are leveraging cryptocurrency wallets for growth, and compare the merits of Tether Gold versus physical gold. This episode offers a comprehensive look at the challenges and opportunities in the rapidly changing world of digital finance.
Sources:
https://www.nknews.org/2024/12/north-korea-steals-1-34b-in-cryptocurrency-in-2024-in-biggest-year-ever-report/
https://www.livemint.com/money/personal-finance/can-profit-from-cryptocurrency-sale-be-taxed-as-capital-gains-a-guide-to-crypto-taxation-bitcoin-cryptocurrencies-btc-11734680503614.html
https://www.fingerlakes1.com/2024/12/19/new-opportunities-for-businesses-with-cryptocurrency-wallets/
https://www.usgoldbureau.com/news/post/tether-gold-a-gold-backed-cryptocurrency
Outline:
(00:00:00) Introduction
(00:00:43) North Korea steals $1.34B in cryptocurrency in 2024 in biggest year ever: Report
(00:03:41) Can profit from cryptocurrency sale be taxed as capital gains? A guide to crypto taxation
(00:06:55) New Opportunities for Businesses with Cryptocurrency Wallets
(00:10:42) Tether Gold: A Gold-backed Cryptocurrency vs Physical Gold