It seems the world countries are trying to exploit the demand for cryptocurrencies moving away from their previous hostile curbing attitude. While quick regulations on digital assets are underway, Ind...
Tag: India
India Rupee Falls to Record as Dollar Strength Dents Risk Mood
(Bloomberg) — The Indian rupee fell to a record low as dollar strength dented demand for riskier assets and foreigners continued to dump the nation’s stocks. Most Read from Bloomberg The rupee d...
Events in China, India Have Also Weighed on Crypto Prices
“In one remarkable stretch, Taiwan went 200 days without a COVID-19 case, and without China-style lockdowns. The secret sauce? Thanks to privacy-protecting encryption, citizens were happy to sca...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...
30% On Crypto Gains Not Enough; India To Tax DeFi Now
The Indian Government now wants to levy additional taxes on crypto by extending it to gains made from Decentralised Finance (DeFi). After the introduction of the 30% tax and 1% tax deducted at source ...
India Has New KYC Requirements For Crypto Businesses ⋆ ZyCrypto
Advertisement     Crypto regulations are all the rage in 2022, and while India is yet to roll out its regulations for the nascent market, it has applied new rules to t...
India Set to Impose a New 20% Tax on Cryptocurrencies
India is seeking new ways to tax citizens by levying charges on crypto income derived outside of the country. The tax department is mulling over the option to impose additional taxes on cryptocurrency...
India eyes 20% taxation on DeFi gains
According to a report from The Economic Times, India is looking to extend its crypto taxations to include gains made from decentralized finance (DeFi) activities. 20% tax on DeFi The report, citing pe...
a16z Plans New $500 Million Investment Round in India
Andreessen Horowitz (a16z) has launched another round of investment in India, one year after co-leading a $260 million investment in crypto exchange CoinSwitch Kuber. TechCrunch reported that the vent...
Ambani, Adani in India’s green hydrogen rush but hurdles remain
Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advance...
India heat wave in pictures
People outside holding an umbrella during hot summer day in Kolkata, West Bengal, India on April 26. The temperature in Kolkata was around 40°c. Pacific Press | Lightrocket | Getty Images India has be...
India Includes Crypto Businesses in New Rules for Cyber Security
While the industry views the announcement as a soft step toward regulation before crypto-specific legislation is enacted, the government has not suggested the move is a step toward regulation. A simil...
Crypto Exchanges in India Need To Preserve Extensive Data of Clients for 5 Years
12 mins ago | 2 mins read Exchange News Most VPN providers offer a “no logs policy.” The new guidelines will take effect at the end of June. As a result of the new rules, VPN service providers and cry...
Lockdowns and supply chain disruption to accelerate Apple’s move away from China, with India a likely beneficiary, analysts say
Apple’s value chain in China, an emblem of the country’s global role as a source of labour and assembly, has been hit hard by strict lockdowns in Shanghai and neighbouring provinces, raisi...
India will allow commercial use of the RBI digital currency from 2023
India’s finance minister has indicated that the government is exploring several commercial use cases of its digital currency. The Reserve Bank of India (RBI) will issue a new digital currency labelled...
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the ...
India Is Investing Billions To Create A Robust Healthcare System
Earlier this month, Indian Prime Minister Narendra Modi renewed his commitment to making Indian healthcare world-class. In a series of messages on Twitter, PM Modi celebrated World Health Day: “The Go...
India Now Wants Providers to Report Data Breaches Within 6 Hours
India and its cybersecurity nodal agency has directed all ISP’s and crypto exchanges to comply with new KYC record-keeping and data breach reporting directives. Computer Emergency Response Team (CERT-...
India Is Still Unclear When It Comes to Crypto
India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is ...
India To Be Considerate With Crypto Regulations; Shall Not Impede Innovation
Decisions regarding crypto regulations shall not be rushed, says Nirmala Sitharam, the Finance Minister of India. In an interaction at Stanford University, Sitharam flagged concerns over alleged illeg...
India Won’t Rush Through Crypto Regulations Assure Finance Minister
Amid all the pessimism surrounding crypto regulations in India, Finance Nirmala Sitharaman has finally cleared some air. During her recent interaction at Stanford University, Sitharaman said that Indi...
James Murdoch’s Bodhi Tree To Invest $1.8 Billion In Billionaire Mukesh Ambani-Backed Viacom18
James Murdoch, former CEO of Twenty-First Century Fox, speaks to a group of students in Florence, … [+] Italy. Alessia Pierdomenico/Bloomberg Bodhi Tree Systems—backed by James Murdoch, the youn...
Bitget Enters India Amidst Crypto Taxation Policies
Bangalore, India, 28th April, 2022, Chainwire Bitget, the leading derivatives exchange, has announced its entry into India in order to provide a secure, and compliant platform for trading crypto futur...
Nirmala Sitharaman’s Fast Yet Clear Crypto Views For India!
Nirmala Sitharaman is confident with crypto in India. Points out various negative impacts of crypto too. India to launch its own CBDC in 2023. Being one of the world’s largest crypto users in the cou...
India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks – Regulation Bitcoin News
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from c...
India’s Gautam Adani Passes Warren Buffett To Become World’s 5th Richest Person
(AP Photo/Aijaz Rahi) Gautam Adani’s incredible rise continues. The Indian infrastructure mogul became the richest Asian billionaire in history (in sheer dollar terms) earlier this month–and he’s kept...
Virat Kohli, Cricket’s Biggest Star, Is Struggling To Emerge From A Prolonged Form Slump
Virat Kohli’s struggles have extended for some time. (Photo by Lee Warren/Gallo Images/Getty Images) Getty Images This was supposed to be Virat Kohli’s revenge tour. Without the burden of the ca...
Regulating Crypto Assets Is High on the Agenda for India – Coinotizia
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulatio...
India Needs a Single Crypto Regulator, Says Polygon Co-Founder
Sandeep Nailwal, who is one of the crypto industry’s most prominent Indian-born entrepreneurs and who now lives in Dubai, told CoinDesk that the creation of a collective authority composed of represen...
Regulating Crypto Assets Is High on the Agenda for India – Regulation Bitcoin News
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulatio...