I've only entered into crypto very recently and had a question.

If I swap BTC or an altcoin for a stablecoin like USDT or USDC or DAI.

Is that swap considered a taxable event?

Or only If i convert that stablecoin into INR?

The reason I ask is I was listening to a podcast/interview recently and the person mentioned that even these conversions into stables is a taxable event. Of course he was talking about UK tax laws.

Any thoughts?

People have been warning PoW was a technical dead end due to energy waste since 2013.
The Eventual PoW mining ban by every country of the earth is a foregone conclusion.
That is the phase we are entering now.

The bitcoin cults nutjobs will just scream fud like when China banned it.
But China still banned it.
......

Ethereum is switching to Proof of Stake, to solve their PoW problem.

Hello,

It has been a very long time. Circumstances haven't done well for this token. We had amazing support. We were among the top currencies and it was saddening to see the demise.

However, over these years, we've been building a suite of services to make Saffroncoin the brand it was meant to be. Saffroncoin will be back with a lot more use-cases than random blockchain jargon.

We set the standards for blockchain payments. Our wallet was the most feature-packed wallets back in the day.

We will continue to stick to the goal of increasing crypto adoption in the world and show how one day the world will get tokenised.

We are starting off with India and are building an amazing payments solution. I have been actively involved in the regulation aspect of legalizing cryptocurrencies in India and am also one of the petitioners. We need to help the regulators in understanding how important such a piece of technology is for the nation.

To all those, that stuck around, thank you. Your efforts will not go in vain.

I'll be releasing something exciting soon.

Do watch this thread.

Cheers,

Roshan