? Want to work with us? CryptoSlate is hiring for a handful of positions! After losing millions to Terra’s crash, Indian investors who have recovered part of their losses through the LUNA 2.0 airdrop ...
Tag: Indian
Luna 2.0 Airdrop Exposes Investors in India to Tax Burdens (Report) Luna 2.0 Airdrop Exposes Indian Investors to Tax Burdens
The crash of Luna and TerraUSDT and the launch of Luna 2.0 have unleashed a wave of taxation issues for investors in India. While the Terraform Labs team has worked out a recovery plan and launched Lu...
Indian Terra Holders Worst Hit By Crash As Airdrop Faces 30% Tax
Terra’s algorithmic stablecoin, USTC collapse has left a massive dent in the global cryptocurrency market. Its investors lost billions of dollars in the recent crash. However, in order to cut the loss...
Indian Crypto Holders Face 30% Tax on LUNA 2.0 Airdrop
Indian investors are set to pay 30% tax on LUNA 2.0 tokens received via the airdrop. The country’s tax laws mean that they will also be unable to offset losses against any gains. The country’s strict ...
Indian Crypto Market Gets First Rupee-Based Index Despite Uncertain Regulations
CoinSwitch Kuber, one of India’s two crypto unicorns, has launched the Crypto Rupee Index (CRE8) as part of India’s first benchmark index. As per the exchange release shared with Be[In]Crypto, the ind...
CBDCs To Kill Private Cryptos, Indian Central Bank Warns
The Indian Cryptocurrency market has been dealing with many restrictions lately. Finance Minister Nirmala Sitharaman announced the 30% tax over the profit made from the digital assets trading in this ...
a16z-Backed Indian Crypto Exchange Launches the First Rupee-Based Index
The a16z-backed Indian crypto exchange – CoinSwitch Kuber – announced the launch of an index that tracks the performance of crypto assets based on the Indian rupee rather than the US dolla...
Largest Indian Crypto App Launches First Rupee-denominated Index
Gamza Khanzadaev You can now feel pulse of Indian crypto market via this new index One of the largest crypto exchanges in India, CoinSwitch, launched the first Rupee-denominated crypto index. The purp...
Indian Crypto Exchanges Demand Reduction In Tax Deduction at Source (TDS) ⋆ ZyCrypto
Advertisement     CoinDCX Co-founder and CEO Sumit Gupta has once again demanded that the 1% Tax Deduction at Source (TDS) on crypto transactions introduced through th...
Indian Finance Ministry Preparing Consultation Paper for Crypto Regulations ⋆ ZyCrypto
Advertisement     The Indian government is engaged in consultations with domestic and international agencies on crypto regulations. It expects to prepare a consultatio...
Indian Police Arrest Man For $200,000 Crypto Fraud ⋆ ZyCrypto
Advertisement     Police arrested a person in the Indian metropolitan city of Mumbai for allegedly cheating several people to the tune of INR 1.55 crore (Appr $199,000...
Crypto consultation paper: Indian government ‘fairly ready’
The legislation process regarding crypto has continued for a while, and various governments have moved forward. They have the motive of making crypto investments easier and safer for investors. The In...
The Indian Government’s Consultation Paper on Cryptocurrency is Fairly Ready
The Indian finance ministry officials have recently discussed a crypto regulatory framework with various stakeholders, including the IMF, the World Bank, the Reserve Bank of India (RBI), and the Secur...
Indian Govt is Ready With its Consultation Paper on Cryptocurrencies
After months of consultation with domestic as well as foreign stakeholders and organizations such as the IMF and World Bank, India is in the last stages of finalizing a consultation paper on cryptocur...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Coinotizia
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Regulation Bitcoin News
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global...
Indian govt official reveals a crypto consultation paper is ‘ready’
During the course of the last year, the process of regulating the use of cryptocurrencies in India has been a continuous affair; nevertheless, recent news emanating from an official source has suggest...
Indian Central Bank Head Bashes Crypto After Latest Crash
Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Monday has reaffirmed his negative stance on crypto. RBI had always raised concerns that cryptos will undermine the monetary, financial, and m...
Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules Indian Crypto Industry Reps Call for Reduction in TDS
The call for reducing Tax Deduction at Source (TDS) on crypto transactions is intensifying among the crypto ecosystem players in India. A TDS of 1% on virtual digital assets has been approved by the U...
Indian Regulators Move to Make Celebrity Endorsement of Crypto Products Tough ⋆ ZyCrypto
Advertisement     The regulatory environment in India is increasingly becoming difficult for the crypto sector. In the latest development, the securities and commodity...
Indian Artists, Films At Cannes Film Festival 2022
R Madhavan in a still from Rokcetry The Nambi Effect. Tricolour Films/Varghese Moolan Pictures India is the country of honor at the Marche’ Du Films at 75th The Cannes Film Festival and it is the firs...
Taki Enters The Indian Market with First of its Kind Engage-to-Earn Crypto Economy
Taki, a blockchain-based social media platform that rewards users for their engagement with quality content, has announced a milestone of reaching approximately 600K users on the product waitlist. Wit...
RBI warns of crypto ‘dollarization’ of Indian economy
Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption, which they claim will ultimately lead to the “dollarization” of the local economy. Ac...
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products – Regulation Bitcoin News
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator als...
Crypto Could Lead to ‘Dollarization’ of Economy, Says Indian Central Bank
Cryptocurrencies, in particular stablecoins, could lead to an undesired “dollarization” of the economy, India’s central bank warned a parliamentary panel. Top officials from the Reserve Bank of India ...
Indian cryptocurrency exchanges are moving abroad: is India missing out on the crypto revolution?
The vulnerabilities in India’s digital currency strategy might be advantageous for nations seeking to expand their crypto networks. Several Indian cryptocurrency exchanges now want to relocate from In...
Indian Regulator Makes it Harder for Celebrities to Endorse Crypto Indian Regulator Makes Celebrity Endorsement Rulebook Tough For Crypto
Indian regulators are making the rulebook tough for celebrity endorsement of crypto products. The Securities and Exchange Board of India (SEBI) has advised prominent public personalities, including ce...
Zerodha Co-founder Nithin Kamath Warns Indian Investors of Coinbase
18 seconds ago | 2 mins read Editors News The cryptocurrency market as a whole is experiencing a bad week. The outcome was yet another jab at the crypto sector from Nithin Kamath. Co-founder of Zerodh...
WoodenMantra.NFT: A Cutting Edge NFT To Look After South Indian Conventional Woodcarving Art
NFTs are a hot topic these days. These digital assets are in crypto news every day either because of the multi-billion dollar sales or hacks, anyway it’s quite evident that NFTs have entered the mains...
Coinbase’s Services Halted by Indian Central Bank, Here’s Why
Arman Shirinyan One of the biggest trading platforms in the world is now having problems with one of the biggest crypto markets in the world According to a recent Bloomberg article, India’s cent...