Tag: crypto india

Dec 06 2021

Crypto India: Nation’s Biggest Crypto Exchange Just Opened an Account with This Banking Giant

Dec 06 2021 Published at Coingape under tags  blockchain news btcbrl btcbusd btcdai btceur

As the air cleared around crypto ban speculations in India, it appears that a pro-crypto wave is about to hit the developing nation's markets. The exclusive update revealed that Kotak Bank has allowed India's biggest crypto exchange, WazirX to open an account with the financial institution to facilitate both, credit and debit for investors trading on The post Crypto India: Nation’s Biggest Crypto...

Nov 30 2021

Breaking: Indian Finance Minister Confirms the New Crypto Bill to be Different from February’s Draft

Nov 30 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The latest update in the Indian Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 saw the Finance Minister, Nirmala Sitharaman ascertain that, the crypto bill which is to be introduced in the Parliament this winter, will most definitely differ from the one drafted in February 2021. As of now, the government is waiting on The post Breaking: Indian Finance Minister Confirms the...

Nov 29 2021

Crypto India: Finance Minister Puts End to False Speculations, Here’s What She Confirmed

Nov 29 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Amid the wave of fearmongering in India since the speculation of an absolute crypto ban took over the market, the Finance Minister's exclusive statement has come as a sigh of relief for the crypto community and confirmed otherwise. The Indian Finance Minister, Nirmala Sitharaman said in a reply to the Lok Sabha on Monday that The post Crypto India: Finance Minister Puts End...

Nov 27 2021

Paytm CEO Asserts Crypto Dominance, Claims Mainstream Adoption in 5 Years

Nov 27 2021 Published at Coingape under tags  blockchain news btcbrl btcbusd btcdai btceur

Amid the wave of panic selling in India, Paytm CEO, Vijay Shekhar Sharma has opted a pro-crypto stance asserting the decentralized sphere's inevitable development. Sharma spoke remotely at a virtual conference organized by the Indian Chamber of Commerce (ICC) this Thursday, where he levied crypto as Silicon Valley’s answer to Wall Street. While arguing in The post Paytm CEO Asserts Crypto Dominance, Claims...

Nov 18 2021

Here’s What Indian Prime Minister Thinks About Crypto and Bitcoin

Nov 18 2021 Published at Coingape under tags  bitcoin india bitcoin news btcbrl btcbusd btcdai

The Indian Prime Minister Narendra Modi addressed the Sydney Dialogue yesterday, where he talked about India's success in the Digital sector and Artificial Intelligence. However, what caught everyone's attention was his comments on the crypto market and Bitcoin. He said all democratic countries should come together to ensure Bitcoin and crypto-assets don't end up in The post Here's What Indian Prime Minister Thinks...

Nov 15 2021

Nov 14 2021

India’s Prime Minister Holds Crypto Meeting, Urges Ban On Misleading Ads

Narendra Modi, the Prime Minister of India, on Saturday chaired a meeting on crypto in India. During the meeting, the officials present agreed that some crypto platforms are misleading the youth of the country. And that there is a need to stop non-transparent advertisements. Indian Lawmakers And Cryptocurrencies The...

Nov 12 2021

Indian Government Set To Hear Crypto Companies Next Week

Many of the biggest crypto-related businesses in India will meet with the government next week to share their views about the industry. Indian Crypto Companies Set To Meet With Government On Nov 15 As per a report from Business Insider, the leading crypto businesses in...

Aug 10 2021

CoinDCX Becomes First Indian Crypto Exchange to Attain Unicorn Status

Aug 10 2021 Published at Coingape under tags  bchabcbtc bchabcusdc bchabcusdt bchbnb bchbrl

CoinDCX, a popular Indian crypto exchange has joined the Unicorn club after their latest funding round. Coingape reported earlier that the exchange was in talks with several investors to raise $120 million. It has raised $90 million in its Series C funding round giving it a valuation of $1.1 billion, making it the first Indian The post CoinDCX Becomes First Indian Crypto Exchange...

Jul 14 2021

Breaking: Indian High Court calls for “standardized disclaimers’ on crypto advertisements

Delhi High Court has issued a notice on the plea filed against cryptocurrency advertisements in India; the court has ordered the utilization of standardized disclaimers on the ads in the public interest. The Divisional Bench of Justice DN Patel and Justice Jyoti Singh has notified the Securities and Exchange Board of India (SEBI), the Ministry The post Breaking: Indian High Court calls for...

Jul 13 2021

Fate of Indian Crypto Bill uncertain: Left out of Monsoon Session of Parliament

Jul 13 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

It looks like that cabinet note for the Indian cryptocurrency bill will not be tabled in the Monsoon session of the Parliament after it missed the dice to 17 other new bills. This is not the first time that the bill's movement has been delayed. Earlier in the Budget session of the year, the crypto The post Fate of Indian Crypto Bill uncertain:...

Jul 07 2021

Crypto Money Laundering Racket Involving Pakistan busted in India

Jul 07 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

A Chartered Accountant from Gurugram in India, a company secretary and two businessmen were arrested by Madhya Pradesh Police's cyber crime cell on Tuesday evening. The accused had carried out transactions worth Rs 50 crores (~$6.6 Million) in relation to a racket that involved sending money to Pakistan through cryptocurrency. Yogesh Chaudhary,additional director general of The post Crypto Money Laundering Racket Involving Pakistan...

Jul 02 2021

Big Setback For Foreign Crypto Exchanges In India as Gov Plans 18% Additional Taxation

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don't pay any The post Big Setback For Foreign Crypto Exchanges...

Jun 10 2021

India May Classify Bitcoin as an Asset Class: Sources

The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class,...

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