2022-7-7 17:40 |
India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times India reported.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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India's Directorate of Enforcement (ED) has summoned top crypto bosses to further probe if the platforms are in violation of foreign exchange rules, a report has confirmed. The post India: Trouble for Crypto Players as Enforcement Agency Summons Top Execs appeared first on BeInCrypto.
2022-7-6 13:00 | |
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The government of India is planning a "reverse charge" on virtual digital asset investment on overseas platforms. The post India Mulls ‘Reverse Charge’ Tax on Foreign Crypto Platforms appeared first on BeInCrypto.
2022-5-18 09:03 | |
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The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.
2022-3-11 04:09 | |
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A recent cabinet note shared by the government of India states the new crypto bill will be regulated by the Securities and Exchange Board of India (SEBI). The post India may disallow Indians from trading crypto on foreign exchanges appeared first on CryptoSlate.
2021-12-3 15:00 | |
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The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto.
2021-7-3 12:46 | |
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Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021.
2021-7-3 22:00 | |
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The last few months of the year have been interesting yet dramatic for the cryptocurrency market. Not only due to the wider price volatility, but on the regulation front as well. On one hand, while ElThe post Is India mulling the taxation of foreign crypto-exchanges to the tune of 18%? appeared first on AMBCrypto.
2021-7-2 20:00 | |
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Exchanges with Indian customers may have to pay an 18 percent tax
2021-7-2 08:28 | |
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India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactThe post This could make buying Bitcoin and other cryptocurrencies more expensive for Indians appeared first on AMBCrypto.
2021-6-22 14:00 | |
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India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed.
2021-6-12 12:30 | |
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Apple might finally be able to sell iPhones directly to customers in India from its own online store. . Yesterday, the government said it’s relaxing local sourcing norms for foreign direct investment (FDI) for single-brand retail, opening the door for Apple store like outlets.
2019-8-29 09:03 | |
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An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy.
2019-3-12 09:40 | |
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Amazon is in a tough spot in India, one of its largest markets outside the US. New government-issued norms, which kicked in just today, prevent foreign firms from selling their products directly to consumers.
2019-2-1 12:47 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges.
2018-10-14 23:39 | |
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The Indian banking sector will get a blockchain boost as one of the most prominent private sector banks, Kotak Mahindra, has now joined the RippleNet. The bank will be working on Ripple’s xCurrent platform to settle cross-border payments.
2018-6-28 15:59 | |
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| Analogue Notcoin - TapSwap |
Certain digital assets are catching the eye of investors as they experience substantial price surges. Three tokens, Stratis (STRAX), Band Protocol (BAND), and WazirX (WRX), have joined the Loom Network and BIG TIME surge and are currently making waves in the crypto market, each driven by distinct factors.
India has continued in its hawkish stance on crypto, and while most people expect the government to introduce crypto-friendly rules, Nischal Shetty, CEO of India-based crypto exchange WazirX expects the opposite.
Coinspeaker Bitfinex Crypto Exchange Announces Listing of Pepe Meme Coin, PEPE Price Up 3. 4% Today Bitfinex joins a dozen of other centralized and decentralized exchanges that have supported Pepe meme coin through listings.
India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. In a May 16 statement, the WazirX team clarified the token’s management, saying Binance kept all the proceeds from the IEO — about $2 million — for itself.
Floki Inu, a meme coin, has emerged as one of the best performers in the crypto market in the last day. Where other cryptocurrencies in the space are seeing low single-digit gains, the meme coin has been able to mount an impressive rally, leading to double-digit gains.
The community lashed out at the WazirX NFT Marketplace after it announced the closure, days after the website stopped operating. The post Community Cries Fraud Following Closure of WazirX NFT Marketplace appeared first on BeInCrypto.
The NFT marketplace was created in June 2021 by the Indian crypto exchange WazirX but has been discontinued.