Although the Indian government and central bank have been critical of the crypto market, they are working to bring some regulatory clarity to the matter. Earlier today,...
India Crypto Tax news: The Indian crypto ecosystem is desperately looking for respite in the harsh tax policy that was introduced in 2022. Although the Indian administration appears to...
Cryptocurrencies, NFTs, and the Metaverse are terms that you may not yet be familiar with, understand, or have had any personal experience. With so much coverage of these...
While addressing the 21st World Congress of Accountants on Friday, Union Finance Minister Nirmala...
In the wake of increased regulatory pressure on crypto companies in India, another cryptocurrency exchange became subject of scrutiny. On Thursday, India's Enforcement Directorate began searching the premises...
Starting with the crash of Terra network, the past few months have been turbulent for the crypto ecosystem in Asia. In a latest, a key crypto panel advocating for cryptocurrencies indicated that it is shutting shop due to lack of results in the regulatory space. This is a big setback for the crypto community in...
While the plummeting trading volumes have already put Indian exchanges in a bad state, the country's authorities made another move. India crypto space is under strict vigilance from authorities. The...
The global cryptocurrency market has registered a broad sell off over the past few months. The biggest of the digital tokens’ prices have dropped by around 60% since the beginning of the year. India's...
Trading volume on crypto exchanges in India has taken a large hit of more than 70% since the start of the 1% TDS rule. Crypto Trading Volumes On WazirX, ZebPay, And CoinDCX Decline 70% Or More As reported by The Economic Times, following the start of the 1% TDS rule, exchange trading volumes in India...
In a detailed guideline, the Ministry Of Finance provided further details on the 1% TDS applicable to the transfer of cryptocurrencies. The rule will apply to all considerations which exceed Rs. 50,000 in value for certain specified persons and Rs.10,000 for others. The Central Board of Direct Taxes made separate guidelines, applicable to transactions only...
Coinbase CEO Brian Armstrong plans to boost Coinbase's mission of improving crypto adoption and literacy in India with his scheduled...
The festival for crypto fans is finally coming to an end in India. India on...
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...
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...
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...
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...
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...
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...
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...
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