Unlocking the Decentralized

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/

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Episodes

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/...

Aug 31, 2022•16 min•Ep. 9

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 Event TDS in India TDS Transactions Margin Trading and Crypto Who tracks all transactions in Crypto Learn more at https://cryptotax.co.in/...

Aug 24, 2022•22 min•Ep. 8

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, ...

Aug 17, 2022•18 min•Ep. 7

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 Blockchain Private and Public Blockchain Illicit activities on Blockchains Transaction Splits What does Anonymous Mean Online Wallets Transferring Tokens to a Wrong Account There's no Dispute on Crypto Learn more at https://cryptotax.co.in/...

Aug 10, 2022•23 min•Ep. 6

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 Audit Best Way to Keep Track of Crypto Transactions Transfer Analysis How Reliable the Data from Audits Data Investigation Crypto Tax Audit Process Specific Documents Required Learn mo...

Aug 03, 2022•28 min•Ep. 5

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 ...

Jul 27, 2022•32 min•Ep. 4

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 Labs Mining Revenue Tax Staking, Trading, or Mining? Selfish Mining Blockchain Cr...

Jul 20, 2022•33 min•Ep. 3

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 t...

Jul 13, 2022•24 min•Ep. 2

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 Background Major Topics in the Podcast Basic tax-related client issues Common software solutions for DeFi & NFT Calculation Methods Tips on...

Jul 06, 2022•29 min•Ep. 1

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 Podcast Tax Implications on Crypto Investors in India ICO Scams Making Crypto an International Currency Crypto Mining and Staking Learn more at https://cryptotax....

Jun 28, 2022•4 min0

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