2024-12-12 11:54 |
India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V. origin »
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India’s Financial Intelligence Unit is looking to recoup at least $345 million in goods and services tax from 7 seven foreign cryptocurrency exchanges that operated in the nation. Sources familiar with the matter told the Economic Times that India’s anti-money…
2024-9-12 13:25 | |
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The Indian Embassy of Laos recently rescued 14 Indian youths from cyber-scam centers in the Golden Triangle Special Economic Zone in the Bokeo province of Laos. These individuals were deceived with fake job offers, leading them to Laos where they…
2024-8-8 17:13 | |
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Binance, the world’s largest cryptocurrency exchange, is set to resume operations in India after being banned earlier this year, The Economic Times reported. According to sources familiar with the matter, Binance has agreed to pay a $2 million penalty as part of its re-entry strategy.
2024-4-19 15:53 | |
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The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system.
2024-3-10 16:00 | |
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India seems not ready to legalize cryptocurrencies, with senior government officials stating that authorizing digital tokens has no economic upside. The statements revealed that crypto carries risks developed economies and emerging markets cannot handle.
2023-12-26 16:23 | |
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The FSB is G20's global standard setter; the IMF is the global economic agency. India, which is hosting the G20 presidency until December 2023, has requested the paper. The Financial StabiliThe post Global crypto policy underway? FSB, IMF to deliver a paper at G20 appeared first on AMBCrypto.
2023-9-5 17:00 | |
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Indian authorities are intensifying their crackdown on gaming and betting applications using cryptos and offshore companies to evade taxes. According to a report from The Economic Times, several agencies are investigating networks of dummy companies that allegedly use crypto assets…
2023-8-16 13:51 | |
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The Indian Economic Offenses Wing (EOW) revealed a crypto-related Ponzi scheme exploiting over 200,000 individuals across different states in India. According to a report by Asian News International (ANI), Solar Techno Alliance developed a digital asset on Binance Smart Chain…
2023-8-8 11:31 | |
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India is aiming to bring G20 members to a consensus on the roadmap for regulating digital assets within this year, the Economic Times of India reported on February 2. The post India wants consensus on crypto regulation among G20 members this year appeared first on CryptoSlate.
2023-2-2 17:30 | |
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The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of India (ETI) reported on November 19. The post Indian central bank on track to launch retail CBDC pilot next month appeared first on CryptoSlate.
2022-11-20 14:51 | |
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Crypto regulation would be a priority during India's year-long presidency of the G20 which begins next month, according to India's Chief Economic Advisor V. Anantha Nageswaran.
2022-11-2 12:41 | |
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Crypto regulation would be a priority during India's year-long presidency of the G20 which begins next month, according to India's Chief Economic Advisor V. Anantha Nageswaran.
2022-11-1 12:41 | |
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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.
2022-7-7 17:40 | |
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Trading volume on crypto exchanges in India has taken a large hit of more than 70% since the start of the 1% TDS rule. Crypto Trading Volumes On WazirX, ZebPay, And CoinDCX Decline 70% Or More As reported by The Economic Times, following the start of the 1% TDS rule, exchange trading volumes in India […]
2022-7-5 22:00 | |
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The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday.
2022-6-23 11:10 | |
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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.
2022-6-13 13:30 | |
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Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike.
2022-5-5 03:31 | |
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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. The post India eyes 20% taxation on DeFi gains appeared first on CryptoSlate.
2022-5-3 18:00 | |
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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 […]
2022-2-23 20:38 | |
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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.
2022-2-4 13:30 | |
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With a vast young population and significant global economic standing, it is no surprise that India's cryptocurrency industry has been a flurry of activity over the recent months. Several successful cThe post Cryptocurrency investments in India cross $10 billion, show no signs of stopping appeared first on AMBCrypto.
2021-11-2 18:30 | |
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Blockchain-based real estate platform RealX launches in India. Enabling Fractional Ownership of Real Estate According to a report by The Economic Times published on September 10, RealX – a blockchain-based service that allows users to own real estate in fractions – has opened its platform to the Indian public. Notably, RealX launched last year butRead More
2021-9-11 19:00 | |
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As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz.
2021-9-3 17:56 | |
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The Indian government could finally be making plans to embrace the crypto economy. India Considering Legitimizing Crypto The ambiguous state of legality of cryptocurrencies in India might soon be coming to an end for good if a recent report by The Economic Times is anything to go by.
2021-9-4 15:00 | |
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India’s central bank is mulling launching a pilot program for a CBDC. RBI Working Toward Phased Implementation of CBDC The Reserve Bank of India (RBI) is contemplating kick-starting a “phased implementation strategy” for a central bank digital currency (CBDC), The Economic Times reports.
2021-7-23 17:00 | |
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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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A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More
2021-6-23 08:30 | |
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According to the number of searches this month, Dogecoin is the most searched financial term on Google in India, ahead of Sensex, Nifty, Bitcoin, or Mutual Fund, reported the country’s leading financial daily The Economic Times.
2021-5-20 16:13 | |
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India’s central government is currently considering the possibility of creating a regulatory framework for cryptocurrencies in the country—instead of a complete ban proposed in the past, several sources told The Economic Times today.
2021-5-20 20:00 | |
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Cryptocurrency regulations could finally be coming in India. India to Consider Regulating Cryptocurrencies According to a report by The Economic Times published today, the Indian government is considering forming a fresh panel to study the possibility of regulating digital currencies in India.
2021-5-19 13:16 | |
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The State Bank of India (SBI), a major Indian bank, has collaborated with Wall Street giant JPMorgan to utilize the latter’s blockchain solution for efficient cross-border transactions. SBI Collaborating with JPMorgan for Blockchain-based Cross-border Payments According to the Economic Times on Wednesday (Feb.
2021-2-23 21:00 | |
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State Bank of India, the country's largest bank, is in the news today after a report by the Economic Times revealed that the country has joined JP Morgan's much-hyped blockchain payments network.
2021-2-23 14:32 | |
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Balaji Srinivasan, former CTO of Coinbase, is of the opinion that a crypto ban in India would reverse the nation’s economy and cost it trillions of dollars. The exec, who was also a former general pThe post The economic cost of a bitcoin & crypto ban in India appeared first on AMBCrypto.
2021-2-16 04:00 | |
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A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.
2021-1-9 16:30 | |
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Ведущие банки Индии возобновили работу с криптовалютными биржами и трейдерами. Об этом пишет The Economic Times со ссылкой на источники. По их словам, государственный State Bank of India, ICICI Bank, HDFC Bank и Yes Bank разрешают клиентам использовать счета для операций с цифровыми активами.
2020-12-11 16:40 | |
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According to The Economic Times, India’s income tax authority is monitoring crypto investors and traders to demand income tax from them. This was reported by sources close to the government. The country’s tax department monitored cryptocurrency transactions that were conducted using bank accounts.
2020-12-6 20:11 | |
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The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.
2020-12-6 18:07 | |
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India is awakening to blockchain and other disruptive technologies in a huge way. Prime Minister Narendra Modi said yesterday that rising tech will be a cornerstone of the country’s economic growth moving forward.
2020-7-24 01:00 | |
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Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed.
2020-7-18 12:20 | |
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Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum.
2020-7-2 10:30 | |
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Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption.
2020-6-26 18:10 | |
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The Telecom Regulatory Authority of India (TRAI) has backed the Hyderabad-based software company Tanla Solutions from telemarketers’ accusations that it has an unfair competitive advantage over smaller firms reports The Economic Times on June 16, 2020.
2020-6-17 23:07 | |
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India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies.
2020-6-12 08:35 | |
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Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said.
2020-6-6 14:02 | |
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Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator has partnered with blockchain-powered digital container logistics platform TradeLens to optimize its port operations and improve supply chain management (SCM).
2020-5-28 00:00 | |
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Apple is shifting a fifth of its China-based manufacturing to India, in a move that could hasten China's decline as an economic superpower. The post Apple Targets India for Manufacturing.
2020-5-13 09:56 | |
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India's lockdown extensions don't seem to be working as coronavirus cases spike and job losses balloon thanks to lack of economic activity. The post Coronavirus Destroys 120 Million Jobs as Curve Defies India’s Lockdown appeared first on CCN.com
2020-5-6 12:33 | |
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Binance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million. The fund plans on investing upwards of $100,000 in startups working on fiat-to-digital gateways, payment, and remittance solutions, DeFi, and trading platforms, the Economic Times reported.
2020-3-18 22:38 | |
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Необходимым условием для развития и распространения криптовалют является понимание пользователями их преимуществ, заявил главный технический директор платежной компании PayPal Шри Шивананда на саммите The Economic Times, передает The Times of India.
2020-3-10 13:53 | |
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India plans rupee-backed Arc token with Polygon, Anq in 2026. India is preparing to launch a regulated, rupee-pegged digital asset in early 2026, according to sources familiar with the project. The Asset Reserve Certificate (ARC), a debt-backed token linked 1:1…
The Madras High Court has ruled that cryptocurrency qualifies as property under Indian law.
After months of silence and uncertainty, Indian crypto exchange WazirX is making its return. WazirX, once the leading top exchange in India by trading volume, is set to resume operations on Oct 24 after shutting down for over a year…
India’s Enforcement Directorate has seized cryptocurrency worth $286 million under anti-money laundering laws. They also announced the arrest of Pavel Prozorov, the alleged mastermind behind the multi-billion-dollar OctaFX Ponzi scheme.
Reliance Jio enters a new partnership to explore blockchain-based solutions. The alliance with Aptos aims to introduce digital incentives to Jio’s over 500M users. APT’s price struggles amid the broader bloodbath, down 5% the previous day.
CoinDCX holds ₹13. 7 lakh crore in trading volume and ₹10,000 crore in assets. CoinDCX recovered swiftly from a $44 million breach earlier this year. Coinbase has invested over $250 million in Indian blockchain ventures.