India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that cr...
Tag: Indian
Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report – Coinotizia
The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules ...
Indian Lawmaker Says Crypto Must Be Blocked if Used for Illegal Purposes – Coinotizia
India’s minister of state for external affairs says that cryptocurrencies must be blocked if they are used for illegal purposes, such as “to launch cyber-attacks in India, to launch other attacks on I...
Indian Billionaire Gautam Adani Overtakes Mukesh Ambani as Asia’s Richest Person
(Bloomberg) — Gautam Adani, the Indian billionaire who turned a small commodities trading business into a conglomerate spanning ports, mines and green energy, is now Asia’s richest person. Most ...
Indian Digital Rupee to be Held in State-Backed Wallet
The anticipated digital rupee that will be issued by the Reserve Bank Of India will not be held in private wallets, but will expose all transactions to government scrutiny. The Indian government will ...
Indian couple is motivated by blockchain marriages
Blockchain marriages seem to be getting more common in different countries globally. In the United States, employees of the earliest crypto start-up had married on the blockchain. Moreover, the coupl...
Indian couple exchanged wedding vows as NFTs
An Indian couple has uniquely digitized their wedding. The couple integrated non-fungible tokens (NFTs) in their event. The NFTs will run on the Ethereum blockchain. The couple, Shruti Nair and Anil N...
Calls For Atrocity Crimes Against Muslims In India
“The Holocaust did not start with the gas chambers.” It started with hate speech. It started with propaganda. It started with dehumanization of a group of people and incitement to violence against the...
Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting – Regulation Bitcoin News
India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discu...
Indian couple celebrates blockchain wedding with NFT vows, digital priest
A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti N...
Indian Central Bank Warns against Unregulated FX Trading Platforms
The Indian central bank has issued a warning on Thursday against locally unregulated forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of gener...
Indian Government levies 30% tax on Crypto – Impact and What to Expect
Cryptocurrency has just become a popular notion in India. Since the Covid-19 outbreak hit the country, sending the economy into a downward spin, Indians have begun to rely on cryptocurrency investment...
“Crypto Is Legitimate Or Not Will Be Decided Later”- Indian FM Sitharaman
In an Interveiw with Times Now, FM Sitharaman cleared the air around the Government’s plan to regulate Cryptocurrency. ‘Whether crypto is legitimate or not will be decided later. But they’re taxable, ...
Indian Regulators State That Cryptocurrency Is Not Illegal and Now Taxed as Gambling Winnings
Arman Shirinyan Indian regulators compare gains from cryptocurrency trading to gambling The Indian regulators have stated that it will not treat cryptocurrency trading as an illegal activity a day aft...
Crypto tax doesn’t legalize trading, says Indian tax department chief
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India. The finance ministe...
‘All Except RBI Currency Are Assets’ Indian Finance Minister Clarifies On 30% Tax
The Indian Finance Minister Nirmala Sitharaman was unequivocal when she declared that “I don’t wait until regulations come in place to tax people making profits.” However, on NDTV’s question on the ne...
Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide?
During the budget session, India’s Finance Minister Nirmala Sitharman announced crypto income will be taxed at 30%, along with a string of strict conditions. India has been back on forth regarding the...
Philippines’ Ayala Corp. Unit, Partner To Invest $220 Million In Indian Solar Energy Project
Workers construct part of a solar farm in India. NARINDER NANU/AFP via Getty Images AC Energy—a unit of billionaire Jaime Zobel de Ayala’s Ayala Corp.—and partner UPC Solar Asia Pacific are investing ...
Indian parliament’s agenda includes crypto training session, leaves out bill banning digital assets
The latest bulletin covering the agenda for India’s lower house of parliament includes “a lecture on understanding cryptocurrency” and its economic impact. According to a Monday publication from...
Google To Invest Up To $1 Billion In Indian Billionaire Sunil Mittal’s Bharti Airtel
Sundar Pichai speaks during an event to introduce Google Pixel phone and other Google products in … [+] San Francisco, California. Ramin Talaie/Getty Images Alphabet Inc’s Google on Friday said ...
Indian Pre-Budget Survey: 79% of Indians Want Government to Regulate Crypto & NFTs
A Grant Thornton Bharat survey, which determines expectations before the country’s budget for the financial year 2023, shows that 79% of Indians want regulation for cryptocurrencies and NFTs. The asse...
An Indian engineer will run Google’s new blockchain division — Quartz India
Yet another senior executive of Indian origin is running a major unit of a global company; this time, it’s Google’s new blockchain division. Engineer Shivakumar Venkataraman has been appointed to over...
Modi Urges Global Effort to Deal with Crypto, Indian Crypto Sector Remains in Uncertainty
The Indian prime minister has called for a collective global effort to tackle the challenges posed by cryptocurrencies as the country’s crypto sector remains in uncertainty. “The kind of t...
Indian Prime Minister Calls for Global Cooperation on Cryptocurrency
Indian Prime Minister Narendra Modi called for global cooperation to tackle the challenges posed by cryptocurrencies. Speaking virtually at the 2022 World Economic Forum’s annual Davos conferenc...
Indian Prime Minister Rallies For Global Cooperation on Cryptocurrency
Indian Prime Minister Narendra Modi has issued a rallying call to all stakeholders worldwide to jointly tackle the potential risks and challenges that are linked to Bitcoin and cryptocurrencies in gen...
Indian TikTok Rival Chingari Raises $15M Round Led by Republic Capital: Report
Chingari, an Indian short video platform akin to TikTok, has raised $15 million in a funding round led by Republic Capital, the private venture arm of investment firm Republic, according to a report b...
Polygon Teases Major Release for Indian Gaming Community Soon
In a recent tweet, Polygon teases a major release for the Indian Gaming Community on Jan. 18 without disclosing further details. ?@YieldGuild x @_PolygonStudios https://t.co/dPlGbx69q9 — Polygon | $MA...