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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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India: Trouble for Crypto Players as Enforcement Agency Summons Top Execs
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. дальше »
2022-7-6 13:00 | |
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India eyes 20% taxation on DeFi gains
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. дальше »
2022-5-3 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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'Missing' BitConnect founder presents more questions than answers for SEC
BitConnect founder Satish Kumbhani has reportedly disappeared from India, according to a Bloomberg report which cited local officials. The exchange founder was just indicted for orchestrating a Ponzi The post 'Missing' BitConnect founder presents more questions than answers for SEC appeared first on AMBCrypto. дальше »
2022-3-1 17:30 | |
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Crypto Tax Laws: Some of the Best and Worst Countries So Far
Western states are embracing digital currencies with some even considering taking tax payments in Bitcoin and other cryptos. India wants to slap a 30% tax on all gains. For the rest of the US, tax is anywhere between 10 – 37% depending on how long you hold your cryptos. The latest report shows a growing […] дальше »
2022-2-8 22:21 | |
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As VCs turn to crypto, here's why CZ thinks India is 'poised to become a leader'
The crypto industry remains an uncertain playing field in many countries due to a lack of regulatory guidelines. Despite that, Bloomberg analysis noted in a recent report that Binance, the largest cryThe post As VCs turn to crypto, here's why CZ thinks India is 'poised to become a leader' appeared first on AMBCrypto. дальше »
2022-1-11 23:00 | |
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India: Dull New Year for crypto as platforms to face raids over alleged tax evasion
A local media report has confirmed that major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion. [embed]https://twitter.com/ANI/status/147718695The post India: Dull New Year for crypto as platforms to face raids over alleged tax evasion appeared first on AMBCrypto. дальше »
2022-1-1 13:30 | |
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Report: India's decision to defer the crypto bill is affecting crypto user signups
It looks like India's decision to remove the crypto bill from the 2021 Parliamentary agenda is negatively affecting new signups. In this context, it should be noted that investor registrations on crypThe post Report: India's decision to defer the crypto bill is affecting crypto user signups appeared first on AMBCrypto. дальше »
2021-12-31 11:30 | |
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India: Central bank supports CBDC 'in its basic form,' as alternative to cash
In a report released today, India's central bank has laid down the benefits of a central bank digital currency (CBDC) and its possible future in India. It noted, "In its basic form, a central bank diThe post India: Central bank supports CBDC 'in its basic form,' as alternative to cash appeared first on AMBCrypto. дальше »
2021-12-28 17:00 | |
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In a 'yes, no, maybe' situation for India, RBI now demands full crypto ban: report
A report published by the Indian crypto exchange WazirX stated that there were more than 10 million users on the platform, buying and trading everything from Bitcoin to Shiba Inu. However, the countryThe post In a 'yes, no, maybe' situation for India, RBI now demands full crypto ban: report appeared first on AMBCrypto. дальше »
2021-12-18 14:30 | |
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WazirX Report: women prefer Bitcoin while men chose Shiba Inu
The sentiments and trading patterns of crypto investors in India have the potential to rock the global market, as the country's last brush with crypto ban rumors showed the world. With FUD still brewiThe post WazirX Report: women prefer Bitcoin while men chose Shiba Inu appeared first on AMBCrypto. дальше »
2021-12-16 20:00 | |
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India: Crypto, Web 3.0 and blockchain can help push India's economy by $1.1 trillion
A new era of technology is upon us and India surely does not want to miss out on this, especially when it can leverage it to boot its economy. This point was brought up in a report released by US IndiThe post India: Crypto, Web 3. дальше »
2021-12-6 21:30 | |
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Report: India plans to regulate crypto instead of banning the sector
The Indian government is readying to regulate crypto as assets instead of enforcing an outright ban on the industry. A report unveiled this news earlier today, citing a Cabinet note. By regulating cryptos as assets, India has declined to recognize coins like Bitcoin (BTC/USD) and Ethereum (ETH/USD) as currencies. дальше »
2021-12-5 18:28 | |
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Securities regulator SEBI to oversee India's crypto market, report reveals
Looks like the Securities and Exchange Board of India (SEBI) will oversee the country's crypto market, as per reports. There will be no ban on investors having exposure to private cryptos in India, a The post Securities regulator SEBI to oversee India's crypto market, report reveals appeared first on AMBCrypto. дальше »
2021-12-3 09:50 | |
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KuCoin report shows Bitcoin is India's favorite crypto, but a surprising hit is...
India's crypto market is on the edge of a regulatory brink right now. Undoubtedly, investors' sentiments are in flux. On 1 December, crypto exchange KuCoin published a report taking a look at the cThe post KuCoin report shows Bitcoin is India's favorite crypto, but a surprising hit is... appeared first on AMBCrypto. дальше »
2021-12-2 19:00 | |
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Report recommends regulating not banning 'flourishing' crypto industry in India
India is the second biggest crypto market in terms of global adoption, with an estimated investment of INR 6.6 billion in the asset class. Unsurprisingly, reports of a likely private crypto ban causedThe post Report recommends regulating not banning 'flourishing' crypto industry in India appeared first on AMBCrypto. дальше »
2021-12-1 18:30 | |
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Indian Finance Minister says No Plan to Recognize Bitcoin as a Currency, Meanwhile Indians Want Crypto Taxed but Not Legalized
India does not plan to recognize Bitcoin as a currency, said Finance Minister Nirmala Sitharaman on Monday, in response to a question in the Lok Sabha, as per the local report. When asked whether the government has a proposal to recognize the leading cryptocurrency as a currency in the country, Sitharaman gave a “No. дальше »
2021-11-29 21:18 | |
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Weekly Report: India looking to transform its crypto sector, potential CBDC trial run on the way
The top cryptocurrencies grabbed headlines this week following a market-wide market tumble that saw… The post Weekly Report: India looking to transform its crypto sector, potential CBDC trial run on the way appeared first on Coin Journal. дальше »
2021-11-20 07:32 | |
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India’s Central Bank Says It Could Launch Pilot Tests For Its CBDC In Q1 2022
The Reserve Bank of India (RBI), the nation’s central bank, is exploring the viability of a central bank digital currency (CBDC) and may launch pilot tests early next year, according to a report in local news outlet the Business Standard. дальше »
2021-11-18 21:05 | |
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WazirX claims its client base has grown 10 times since the start of 2021
WazirX, the leading crypto exchange in India, has seen its userbase grow tenfold since the start of the year. A report unveiled this news earlier today, noting the Binance-owned exchange recorded a trading volume exceeding $38 million (£28. дальше »
2021-11-14 00:02 | |
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Indian Government Set To Hear Crypto Companies Next Week
Many of the biggest crypto-related businesses in India will meet with the government next week to share their views about the industry. Indian Crypto Companies Set To Meet With Government On Nov 15 As per a report from Business Insider, the leading crypto businesses in India will attend a meeting with the government this coming […] дальше »
2021-11-13 22:00 | |
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India: both Income tax and GST may apply to crypto
The Indian government is likely to levy both direct and indirect taxes on crypto assets, as per a local report. A source to the media outlet noted, "One of the key issues is taxation. If there is gaiThe post India: both Income tax and GST may apply to crypto appeared first on AMBCrypto. дальше »
2021-11-9 16:30 | |
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India’s Payment Giant Paytm May Add Bitcoin If Government Legalizes Crypto
The largest digital payments company in India, Paytm, would consider adding Bitcoin trading to its offerings if the government clears regulatory confusion regarding crypto. Paytm Will Consider Offering Bitcoin Trading If The Indian Government Legalizes Crypto As per a report from Bloomberg, Paytm has expressed interest in adding Bitcoin trading to the platform. However, the […] дальше »
2021-11-5 22:00 | |
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Indian exchanges pin DOGE, SHIB as market's favorite puppers
In the last six months, meme coins were seemingly the most sought-after cryptocurrencies in India, as per a local report. According to which, Dogecoin and rival Shiba Inu had a lion's share in the couThe post Indian exchanges pin DOGE, SHIB as market's favorite puppers appeared first on AMBCrypto. дальше »
2021-11-3 18:00 | |
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There are over 100 million crypto owners in India, report finds
Despite facing regulatory challenges and volatility issues in India, crypto trading continues to forge its way ahead in terms of being one of the most popular investment options for Indians. The post There are over 100 million crypto owners in India, report finds appeared first on CryptoSlate. дальше »
2021-10-21 11:09 | |
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India: NASSCOM Report Predicts Multifold Rise in Crypto Adoption by 2030
The crypto industry in India is estimated to flourish massively in the coming years. NASSCOM Report on Crypto Adoption in India According to a recent report by the Indian non-profit association — The National Association of Software and Service Companies (NASSCOM), the cryptocurrency space in the country is expected to grow exponentially this decade. Specifically,Read More дальше »
2021-9-26 17:00 | |
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Crypto-Tech Industry in India to Reach $241M by 2030
The tech industry facilitating cryptocurrencies in India will achieve a value of $241 million by 2030, according to a recent report. The post Crypto-Tech Industry in India to Reach $241M by 2030 appeared first on BeInCrypto. дальше »
2021-9-25 19:26 | |
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India: Kerala Offers Free Course on the Fundamentals of Ethereum Blockchain
The Indian state of Kerala is offering zero-cost online courses to individuals keen on learning about the fundamentals of the Ethereum blockchain. Betting on Ethereum Education According to a report by onmanorama on September 16, the Kerala Blockchain Academy is giving an opportunity to computer science enthusiasts to add an Ethereum blockchain credential to theirRead More дальше »
2021-9-18 21:00 | |
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India: Blockchain-Based Startup RealX Offers Fractional Ownership of Real Estate
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 дальше »
2021-9-11 19:00 | |
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India: New Bill Reportedly to Treat Cryptocurrencies as Commodity
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. дальше »
2021-9-4 15:00 | |
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India: RBI Governor Hints at Digital Rupee Trial by December 2021
India could launch the pilot program for its digital rupee by December 2021, a report by CNBC confirms. Digital Rupee Pilot to Launch by December 2021 India’s central bank, the Reserve Bank of India (RBI) recently made its intentions public of launching its first digital currency trial programs by December 2021. Speaking to CNBC, RBIRead More дальше »
2021-8-28 21:00 | |
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India: Government e-Marketplace Taps Blockchain Technology for Supply of Vaccines, Medicines
India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as according to a recent report by Mint, GeM is considering experimenting with the emerging technologyRead More дальше »
2021-8-20 01:00 | |
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India: IT Firm Tech Mahindra Partners with Startup to Launch Blockchain-Powered Vaccine Traceability Solution
Indian IT giant Tech Mahindra has joined forces with Singapore and Hyderabad-based ditital supply chain solutions provider StaTwig to implement ‘VaccineLedger’ across the globe. Tracing Vaccine Provenance with Blockchain According to a report by The Business Line, major Indian IT firm Tech Mahindra is set to leverage distributed ledger technology (DLT) to perform end-to-end traceabilityRead More дальше »
2021-7-6 21:01 | |
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Indian Authorities May Slap 18% Tax on Foreign Crypto Exchanges
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. дальше »
2021-7-3 22:00 | |
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Indian Investors Are Toppling Their Counterparts And Spearheading Crypto Adoption In Asia
Indians are favoring investing in cryptocurrencies as data has shown that crypto investments in the country have surged significantly in the past year. According to our recent report, data from Chainalysis has shown that crypto investments in India have grown approximately 900%. дальше »
2021-7-1 23:54 | |
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Indians Hold $40 Billion in Cryptocurrency, Report Suggests
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. дальше »
2021-6-30 00:30 | |
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Annual Bitcoin, Dogecoin, Ether Investments In India Grow By 19,900% To Nearly $40 Billion
Bitcoin, Ether, and Dogecoin investments in India have grown by a whopping 19,900% from $200 million to the current $38. 8 billion in just 12 months. According to a report by Reuters, the growth is primarily coming from the 18-35 age group consisting of generation Z and millennials. дальше »
2021-6-30 20:27 | |
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Indian Investments In Crypto Grow Rapidly As $40 Billion Milestone Is Reached
India is seeing explosive growth in crypto investments compared to last year as the $40 billion milestone is crossed. Rapid Growth In Cryptocurrency Compared To Last Year As per a Bloomberg report, Indian investors now hold $40 billion in virtual assets, a massive increase from $200 million a year ago. дальше »
2021-6-29 21:34 | |
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