Unlocking the Decentralized

Abhinav Soomaney
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Hosted by cryptocurrency expert Abhinav Soomaney, Unlocking the Decentralized explores Web3, blockchain, cryptocurrency tax & investment management drawing on Abhinav’s experience in finance & accounting while also engaging with industry pioneers, technologists & investors. This show is sponsored by CryptoTax, your “One Stop Solution for Cryptocurrency Taxes.” Learn more at https://cryptotax.co.in/

Episodes

  1. 08/31/2022

    Keeping Your Crypto Safe Against Potential Hacks

    In this week's episode, Host Abhi Soomaney talks about how investors can save their investments from potential hacks and theft. Let's learn more about Crypto hacks and theft, along with tips on how we can avoid and protect ourselves through this. Show Notes:  How to Safeguard your Investment Two Factor Authentication Online Wallet Address Hacks Investment Scam Funding and Trading Account Double Spending Selfish Mining Learn more at https://cryptotax.co.in/

    16 min

  2. 08/24/2022

    Tax Laws in India (TDS & 30% Rate on Crypto Income)

    In this week's episode, Host Abhi Soomaney talks about the CryptoCurrency Tax Laws in India. Abhi shares what are the taxable events, tax rates, Acid investments, Tax Deducted at Source (TDS) in India and more. Story Notes What is Taxable EventTDS in IndiaTDS TransactionsMargin Trading and CryptoWho tracks all transactions in Crypto Learn more at https://cryptotax.co.in/

    22 min

  3. 08/17/2022

    Crypto Banks vs.Traditional Banks

    Watch this week's episode of Unlocking the Decentralized podcast as Host Abhi Soomaney discusses how crypto exchanges like Coinbase and Binance act as competitors to traditional banks. Abhi also highlights the topics of interest rates, exchanges' compliance with the SEC regulations and other reporting, lending rates, and fixed percentages that CB charges banks when making transactions. He also answers the questions about what a crypto bank does and how it makes money, is there fraud protection, and How safe is the investors' money when they deposit or transact using Crypto Bank? Story Notes Crypto BankWill Exchanges Have to Comply With SEC Regulations and Other Reporting’s?Crypto Bank VS Traditional BankHow Safe Is the Investors Money When They Deposit or Transact Using Crypto Bank?Cryptocurrency Interest Rates What is the Lending rate? What is the Exchange HouseWill This Be Like a Global Bank With Multiple Branches Set Up in Various Countries?Advantages of Having a Crypto Bank Learn more at https://cryptotax.co.in/

    18 min

  4. 08/10/2022

    Crypto & Illicit Activities

    In this week’s episode, Host Abhi Soomaney talks about using cryptocurrency for illicit activities including tax fraud and theft. He also discusses what is the blockchain and the difference between the private and public blockchain. Story Notes: What is BlockchainPrivate and Public BlockchainIllicit activities on BlockchainsTransaction SplitsWhat does Anonymous MeanOnline WalletsTransferring Tokens to a Wrong AccountThere's no Dispute on Crypto Learn more at https://cryptotax.co.in/

    23 min

  5. 08/03/2022

    Crypto Tax Audits

    Watch the full episode of the Unlocking the Decentralized podcast as Host Abhi Soomaney with guest Alex Massarjian, discuss the topics about crypto tax audit process, what are the specific documents required and data investigation. Let's learn more about the crypto tax audit in this episode. Story Notes Crypto Tax AuditBest Way to Keep Track of Crypto TransactionsTransfer AnalysisHow Reliable the Data from AuditsData InvestigationCrypto Tax Audit ProcessSpecific Documents Required Learn more at https://cryptotax.co.in/

    28 min

  6. 07/27/2022

    Initial Coin Offerings and Its Tax Implications

    In this week's episode of the Unlocking the Decentralized podcast, Host Abhi Soomaney talks with Alex Massarjian, CPA, about initial coin offerings and their tax implications. They discussed how ICO investments are taxed, LTCG versus STCG when tokens are vested, and What happens when an ICO or a token loses liquidity or market demand. Story Notes:  Research Before Investing in an ICO Tax Deduction Delisting of cryptocurrency Coin Offerings and Tax Implications IPO and ICO Procedure in ICO Having a Tax Attorney is a must Factors to Consider when Investing into ICO Projects Rug Pool Minting Tokens Learn more at https://cryptotax.co.in/

    32 min

  7. 07/20/2022

    Crypto Mining and Taxes with Hashtech Labs

    In this episode of Unlocking the Decentralized podcast, Host Abhi Soomaney with the Hashtech Labs walks us through the Cryptocurrency mining and its tax implications. They discussed and highlighted the topics about the mining revenue tax for both Business & individuals , what’s more profitable among staking, trading, and mining , What is selfish mining and how does a blockchain get hacked. Story Notes: Hashtech LabsMining Revenue TaxStaking, Trading, or Mining?Selfish MiningBlockchainCryptocurrency MiningCrypto Mining Legal?How Much Does a Mining Rig CostManaging Accounts with the Mining Rig Learn more at https://cryptotax.co.in/

    33 min

  8. 07/13/2022

    Understanding the Bookkeeping and Tax Side for Businesses Accepting Crypto as Payments

    In this episode of Unlocking the Decentralized Podcast, Host Abhi Soomaney talks with Alex Massarjian, CPA. They highlight key topics for NFT & taxes,  Business management with Crypto and Crypto Bookkeeping for businesses. They also share tips for the listeners about Crypto Bookkeeping , Receiving Crypto as payments  and more. Story Notes: NFT & Taxes Business Management with Crypto Crypto Bookkeeping for Businesses NFTs in the Entertainment Space What Artist do about Taxes when it comes to CryptoCommon Issues in regards to Bookkeeping and AccountingHow Journal Entries Works Recommended Software for IntegrationPopular Coins to Use as Payment Learn more at https://cryptotax.co.in/

    24 min

  9. 07/06/2022

    Introduction to the Unlocking the Decentralized Podcast

    In this episode of Unlocking the Decentralized Podcast, Host Abhi Soomaney talks about his background and the topics he will discuss on the podcast episodes. Abhi highlights the topics about the basic tax-related client issues, Common software solutions for DeFi & NFT, Calculation methods, and Tips on how to keep your crypto safe. Story Notes: Abhi's BackgroundMajor Topics in the PodcastBasic tax-related client issuesCommon software solutions for DeFi & NFTCalculation MethodsTips on How to Keep your Crypto SafeStock Market is Totally Different than Crypto SpaceTax Software for Cryptocurrency TransactionsOffsetting Losses Against Income Generated TokenAssisting Clients in all Types of Crypto Investments Learn more at https://cryptotax.co.in/

    29 min

  10. 06/28/2022

    Welcome to Unlocking the Decentralized Podcast

    In this episode of Unlocking the Decentralized Podcast, Host Abhi Soomaney shares the goals and what to expect in his podcast. Let’s unlock the biggest and hottest questions that surround the crypto space today and learn why it is essential and helpful to understand the use case and tax implications of crypto. Story Notes: Goals of the PodcastTax Implications on Crypto Investors in IndiaICO ScamsMaking Crypto an International CurrencyCrypto Mining and Staking Learn more at https://cryptotax.co.in/

    4 min
  • 10 Episodes

Ratings & Reviews

5
out of 5
2 Ratings

About

Hosted by cryptocurrency expert Abhinav Soomaney, Unlocking the Decentralized explores Web3, blockchain, cryptocurrency tax & investment management drawing on Abhinav’s experience in finance & accounting while also engaging with industry pioneers, technologists & investors. This show is sponsored by CryptoTax, your “One Stop Solution for Cryptocurrency Taxes.” Learn more at https://cryptotax.co.in/

Information

  • Creator
    Abhinav Soomaney
  • Years Active
    2K
  • Episodes
    10
  • Rating
    Clean
  • Copyright
    © 2023 Unlocking the Decentralized
  • Show Website
    Unlocking the Decentralized