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India: WazirX's bank accounts unfrozen by Enforcement Directorate
Indian cryptocurrency trading platform WazirX revealed today that the Enforcement Directorate (ED) has unfrozen its bank accounts after its investigation. It is after nearly a month that the exchangeThe post India: WazirX's bank accounts unfrozen by Enforcement Directorate appeared first on AMBCrypto. дальше »
2022-9-12 15:30
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Ad Spend by Indian Crypto Exchanges Decline by 89%: Report
Ad spending by major Indian crypto exchanges has fallen by nearly 89% in the first half of 2022 compared to the same period of the previous year, said a report by India Today. According to cryptocurrency data research firm Credit Rating for Exchanges Blockchains and Coin Offerings (CREBACO), major Indian crypto exchanges spent more on advertising […] дальше »
2022-9-4 21:51
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India can help make Web3 a reality, says Antler Global’s Nitin Sharma
Indian Web3 developers could be behind the next ‘Facebook or Google of Web3’, said… The post India can help make Web3 a reality, says Antler Global’s Nitin Sharma appeared first on CoinJournal. дальше »
2022-8-23 19:02
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Correlation growing between crypto and equity markets in Asia, says IMF
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.
дальше »2022-8-23 13:37
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Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers
Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.
дальше »2022-8-8 19:15
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Binance never completed the WazirX acquisition, CZ says
Binance CEO Changpeng Zhao has said that the global cryptocurrency exchange “never completed” the… The post Binance never completed the WazirX acquisition, CZ says appeared first on CoinJournal. дальше »
2022-8-6 21:07
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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability
India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […] дальше »
2022-7-11 19:33
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Investors Duped In Major Crypto Scam In India
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated with the industry despite all the uncertainties in regulatory framework that continues to exist. дальше »
2022-7-10 04:00
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Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?
Cryptocurrency trading is taking another pattern and shape in India due to the implementation of taxation laws. As a result, the traders are experiencing a different turn in their transactions lately in the country. дальше »
2022-7-6 12:00
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India: The full scope of what's actually in store for exchanges after 1%TDS
The 30% crypto income tax policy came into effect in India in February 2022. The country’s finance minister Nirmala Sitharaman described the tax law as another step toward positive crypto regulationThe post India: The full scope of what's actually in store for exchanges after 1%TDS appeared first on AMBCrypto. дальше »
2022-7-5 19:30
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Tax Rates To Cap At 28% As India Calls For Crypto Transaction Tax Meeting
The Indian government has scheduled a panel meeting with its ministers to discuss tax rates within the country, with a potential 28% increase as reported by Bloomberg. The meeting is slated for next week Tuesday and Wednesday. дальше »
2022-6-28 20:04
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Crypto Stories: YouTuber Paco de la India explains his travels using Bitcoin
The Bitcoiner had visited eight different countries out of his goal of forty and was in Africa at the time of Cointelegraph’s interview. дальше »
2022-6-25 00:15
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Laid-Off Workers May Find Home With Wall Street Regulator; Coinbase Still Eying India Expansion
The crypto winter is one of the hardest times with thousands of jobs lost as firms brace themselves for the long night. For those with terminated contracts, there’s a chance to switch sides and become regulators in the industry that they once worked in. дальше »
2022-6-16 20:30
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Chingari unveils the GARI Mining program that rewards creators with crypto
Chingari, often referred to as ‘India’s TikTok’, has hit a major milestone in its evolution as an on-chain social app. The platform, which unveiled its native GARI token in 2021 to kickstart the journey into a major crypto-related project, took another step today with the launch of its GARI Mining program. дальше »
2022-6-15 22:33
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India’s Chief Economic Adviser Says Crypto Without Regulation Is Like ‘A World Of Caribbean Pirates’
The perception of the world of crypto by several regulators stumped by the limited oversight they can have over the markets is often negative, as they view it as a potential tool for shady business and illicit transactions. дальше »
2022-6-13 13:30
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India Maintains 1% Tax-Deducted-At-Source For Crypto Assets
Many industry participants have decried India’s crypto tax regime as too harsh and discouraging innovation. As such, it was unsurprising to see a level of excitement when the country’s Tax Department’s website displayed a 0. дальше »
2022-6-11 00:44
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India Planning To Introduce Comprehensive Guidelines for Crypto Taxes
Following the tax proposals through the Union Budget 2022-23, the Indian government is now planning to issue comprehensive guidelines on various taxes for the crypto sector before July 1. Media reports suggest that the government has asked the Central Board of Direct Taxes (CBDT) to prepare the guidelines. As of now, only the taxation policy […] дальше »
2022-6-10 16:23
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Indian Police Arrest Man For $200,000 Crypto Fraud
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) by promising high weekly returns on bitcoin investments, media reports said. дальше »
2022-6-1 21:46
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This is what India's crypto-sector needs more than anything
To overcome regulatory ambiguity, safeguard investors, and develop India's crypto-business, CoinSwitch CEO Ashish Singhal argued on Sunday that the country needs to urgently adopt rules on cryptocurreThe post This is what India's crypto-sector needs more than anything appeared first on AMBCrypto. дальше »
2022-5-24 07:00
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India’s RBI Officials Warn of Dollarization of Economy if Cryptos Are Embraced
Top Reserve Bank of India (RBI) officials have told a parliamentary committee that the adoption of cryptocurrencies can lead to the dollarization of the economy to some extent. It will undermine the central bank’s ability and freedom to effectively implement monetary inputs and interventions. дальше »
2022-5-20 16:43
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Indian Regulators Move to Make Celebrity Endorsement of Crypto Products Tough
The regulatory environment in India is increasingly becoming difficult for the crypto sector. In the latest development, the securities and commodity markets regulator has said that celebrities should stop endorsing crypto products. дальше »
2022-5-20 23:11
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Indian Crypto Sector Likely To Attract 28% GST
Indian tax authorities are planning to put crypto activities in the category of services that attract the highest Goods and Services Tax (GST). According to media reports, the GST council has constituted a committee to study and map different crypto activities such as trading, staking, and wallets for tax purposes. As of now, crypto exchanges […] дальше »
2022-5-10 23:36
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Indian Crypto Firms Consider Moving To The UAE
The UAE’s push to become a leader in blockchain technology has not gone unnoticed as crypto firms are racing to set up shop in the country. Consequently, according to recent reports, Indian crypto firms are also considering the move. дальше »
2022-5-9 17:20
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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 (TDS), the tax department of India shall scrutinise interests earned on cryptocurrencies from platforms outside of India. The government wishes to […] дальше »
2022-5-4 04:00
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Cryptos, governments, and the real reasons why they don't really get along
Cryptocurrency regulations. This has been an extremely contentious topic of debate within the cryptocurrency community across the globe. Why isn't any country bringing about structured crypto-regulThe post Cryptos, governments, and the real reasons why they don't really get along appeared first on AMBCrypto. дальше »
2022-5-1 18:00
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India Encourages Service Providers to Report Breaches Within 6 Hours; Suggests Keeping KYC Records for 5 Years
India is now directing providers to keep KYC records for 5 years and report data breaches within six hours. The post India Encourages Service Providers to Report Breaches Within 6 Hours; Suggests Keeping KYC Records for 5 Years appeared first on BeInCrypto. дальше »
2022-4-29 17:50
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Addressing India's not so 'crypto curious anymore' case
Google data revealed the negative influence of the Union Budget on the Indian crypto investors. The last 90 days’ search data has shown a massive dip which makes one question the euphoria surroundinThe post Addressing India's not so 'crypto curious anymore' case appeared first on AMBCrypto. дальше »
2022-4-22 20:30
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India’s CoinDCX Concludes $135 Million Funding at $2.2 Billion Valuation
The latest valuation is double from $1.1 billion in August 2021. Now, CoinDCX is the highest-valued crypto firm in India. With 10 million users, it’s also India’s first crypto unicorn. Indian cryptocurrency exchange CoinDCX on Tuesday closed a $135 million Series D funding round led by Pantera and Steadview. The new investments value the startup […] дальше »
2022-4-20 15:05
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CoinDCX raises $135M in funding towards crypto and Web3 growth
CoinDCX CEO Sumit Gupta said the crypto exchange will use the funds to help…
The post CoinDCX raises $135M in funding towards crypto and Web3 growth appeared first on Coin Journal.
дальше »2022-4-19 15:27
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Indian exchanges moving to P2P: Is it a temporary fix or a permanent solution
Almost a week after cryptocurrency exchanges in India halted all payments, traders in the India started using the peer-to-peer (P2P) payment system for the buying and selling of tokens. P2P payments eThe post Indian exchanges moving to P2P: Is it a temporary fix or a permanent solution appeared first on AMBCrypto. дальше »
2022-4-18 17:00
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Traders Perplexed As Top Indian Crypto Exchanges Disable Fiat Deposits
The development comes in the wake of the denial of instant payment service UPI by NPCI. Exchanges are also witnessing a sharp fall in transaction volume after crypto taxes became effective. Sources claim exchanges are in talks with the government, pushing for a clear regulatory environment. дальше »
2022-4-15 18:00
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Indian Lawmaker Calls For Higher Taxes On The Crypto Market
A member of India's upper parliamentary house and the country's ruling party has called for more harsh measures on the crypto industry following the new tax laws. The legislator believes the government must dissuade people from engaging the nascent market. дальше »
2022-4-11 16:48
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Panic Selling Grips India’s Crypto Market Following New Tax Laws
Multiple reports show weighty selling and drop in trading volumes across major exchanges in India. It follows the recent enforcement of the country's new crypto tax rules. дальше »
2022-4-10 19:29
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Coinbase to Hire Over 1000 People in India This Year: Armstrong
The company is hosting an event in Bangalore to discuss the future of crypto and web3 in India. Coinbase Ventures in partnership with Buidlers Tribe is separately hosting a startup pitch. These events will bring together startup founders, students, entrepreneurs, and special guests. дальше »
2022-4-7 00:58
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Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India
The new crypto tax regime in India has finally gone into effect, and it appears to be affecting the trading volume in the country. The post Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India appeared first on CryptoSlate. дальше »
2022-4-5 08:00
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Coinbase unveils its aggressive Indian expansion strategy
Coinbase unveiled that it will be significantly expanding its presence in India, growing both its employees and investments in the country. The post Coinbase unveils its aggressive Indian expansion strategy appeared first on CryptoSlate. дальше »
2022-4-5 02:00
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Public outcry grows louder than ever as India's 30% 'crypto tax' comes into effect
As people all around the world pull April Fool's pranks on one another, countless Indian crypto investors and entrepreneurs are hoping the Indian government is playing one on them. However, that doesnThe post Public outcry grows louder than ever as India's 30% 'crypto tax' comes into effect appeared first on AMBCrypto. дальше »
2022-4-1 18:00
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India’s crypto tax policy takes effect on 1 April: Here’s a brief recap
In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective… The post India’s crypto tax policy takes effect on 1 April: Here’s a brief recap appeared first on Coin Journal. дальше »
2022-4-1 21:10
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Crypto Taxation Rules on Deductibles Unfortunate For Indian Industry, Says WazirX Founder
India crypto taxation rules in the proposed Finance Bill 2022 will only make things harder and curtail the industry unless they are changed, according to the founder of WazirX crypto exchange Nischal Shetty. дальше »
2022-3-22 16:56
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India Government Working On Classification of Cryptocurrency as Goods or Services Under the GST Law
In the latest development update, Input-Output Global (IOG) — the lead research and development arm behind smart contract cryptocurrency Cardano — has shared interesting proposals its currently working on, including one that would introduce... дальше »
2022-3-22 00:18
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India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch
India’s proposed crypto taxation law will take effect on 1 April this year. Ashish… The post India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch appeared first on Coin Journal. дальше »
2022-3-22 21:47
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CoinDCX is the latest exchange to list India’s first social token GARI
The listing is a leap towards financially empowering creators, Chingari CEO said India’s first… The post CoinDCX is the latest exchange to list India’s first social token GARI appeared first on Coin Journal. дальше »
2022-3-2 17:48
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India’s Advertising Council Wants Ads To Explicitly State That Crypto Is Risky
Billy Markus, Dogecoin’s founder, took to Twitter to air his frustration with the meme coin spam advertising done on his threads. In the Twitter rant, the programmer gave his definition of what a true meme coin was supposed to be. дальше »
2022-2-27 16:08
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India: Fleeing cryptocurrency companies reveal a worrying tale of regulation
As the global cryptocurrency market is growing further each day, governments around the world are working harder to bring the industry under a regulatory regime. While some countries have managed to eThe post India: Fleeing cryptocurrency companies reveal a worrying tale of regulation appeared first on AMBCrypto. дальше »
2022-2-24 17:30
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India’s Advertising Watchdog Outlines New Promotional Guidelines For Crypto
The Advertising Standards Council of India (ASCI) has published a new set of guidelines that seek to check advertisement and promotional activities associated with cryptocurrencies and NFTs. According to The Economic Times, introducing the 12 guidelines on Wednesday, the self-governing body stated that all ads relating to the crypto-verse will be required to display a […] дальше »
2022-2-23 20:38
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India: Despite tax 'legitimacy', here's why a 'crypto ban' is still not off the table
Soon after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, Economic affairs secretary Ajay Seth has said that even a ban is still not off the tThe post India: Despite tax 'legitimacy', here's why a 'crypto ban' is still not off the table appeared first on AMBCrypto. дальше »
2022-2-4 13:30
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India sees spike in crypto exchange sign-ups, but could it be premature
It's been a time of celebration for India since the annual Budget announcement brought some clarity to the status of crypto in the country. This came after months of bated breath and fears of a blankThe post India sees spike in crypto exchange sign-ups, but could it be premature appeared first on AMBCrypto. дальше »
2022-2-3 16:30
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Indians sign petition to #ReduceCryptoTax as budget bogs down investors
Many crypto investors, entrepreneurs, and traders cheered as India's Budget finally solved the mystery of how digital assets - such as crypto - would be taxed. However, it's a mistake to assume that The post Indians sign petition to #ReduceCryptoTax as budget bogs down investors appeared first on AMBCrypto. дальше »
2022-2-3 15:30
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Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says
India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs… The post Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says appeared first on Coin Journal. дальше »
2022-2-3 17:37
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India's 30% crypto-tax proposal - Can't tax something 'illegal'... or can it?
Hours after the Indian government's announcement to bring the transfer of digital assets into the 30% tax bracket, the industry seems to be divided on its implications. Investor Rakesh JhunjhunwalaThe post India's 30% crypto-tax proposal - Can't tax something 'illegal'... or can it? appeared first on AMBCrypto. дальше »
2022-2-1 18:00
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