Tag: crypto india

Mar 08 2023

India Makes Regulatory Progress in Crypto, Industry Players Hopeful

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,...

Jan 28 2023

India Crypto Tax: When, What To Expect From Budget 2023, Economic Survey

Jan 28 2023 Published at Coingape under tags  crypto india crypto market news

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...

Nov 29 2022

NFT To Be Lifted From Income Tax Act In India? Read Here

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...

Nov 21 2022

Web3 Can Change How Financial Information is Gathered, Processed and Reported: Nirmala Sitharaman

While addressing the 21st World Congress of Accountants on Friday, Union Finance Minister Nirmala...

Aug 25 2022

Breaking: CoinSwitch Kuber Raided By Indian Enforcement Agency

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...

Jul 15 2022

Key Asian Crypto Panel Giving Up? What’s Really Up Amid Uncertainty

Jul 15 2022 Published at Coingape under tags  crypto india crypto law india news

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...

Jul 06 2022

Just In: More Trouble For India’s Crypto Ecosystem With Latest Enforcement

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...

Jul 05 2022

India’s This Stance Over Crypto Might Have Saved It From Downturn

Jul 05 2022 Published at Coingape under tags  crypto india crypto regulations india news

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...

Jul 04 2022

Crypto Volume On Indian Exchanges Drops By More Than 70% After 1% TDS Rule

Jul 04 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd crypto crypto exchanges

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...

Jun 23 2022

India Clarifies On Crypto Tax, Smart Move or More Burden?

Jun 23 2022 Published at Coingape under tags  crypto india crypto tax news regulation news

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...

Apr 04 2022

Coinbase CEO Plans Massive Crypto Push In India With His Visit This Week

Coinbase CEO Brian Armstrong plans to boost Coinbase's mission of improving crypto adoption and literacy in India with his scheduled...

Feb 01 2022

Just-In: Crypto Becomes Legal In India, Here’s All You Need To Know

The festival for crypto fans is finally coming to an end in India. India on...

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...

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