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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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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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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Íåîáõîäèìûì óñëîâèåì äëÿ ðàçâèòèÿ è ðàñïðîñòðàíåíèÿ êðèïòîâàëþò ÿâëÿåòñÿ ïîíèìàíèå ïîëüçîâàòåëÿìè èõ ïðåèìóùåñòâ, çàÿâèë ãëàâíûé òåõíè÷åñêèé äèðåêòîð ïëàòåæíîé êîìïàíèè PayPal Øðè Øèâàíàíäà íà ñàììèòå The Economic Times, ïåðåäàåò The Times of India.
2020-3-10 13:53 | |
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India’s central bank, the Reserve Bank of India (RBI) is putting preparations in top gear to file a review petition in the Supreme Court against the court’s verdict in favor of cryptocurrency trading in the state, reports the Economic Times on March 6, 2020.
2020-3-7 16:00 | |
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Event overview The republic of India is emerging as a regional leader in digital transformation. India has well-recognized the importance of technology to reinforce its economic growth, job creatioThe post Global Blockchain Summit is happening on July 10 and 11 appeared first on AMBCrypto.
2020-3-5 19:00 | |
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There is finally some good news out of India today as reports are emerging that the Supreme Court has quashed a curb on crypto trading. Crypto Trading Legal in India According to local news outlet the Economic Times, India’s Supreme Court has nullified a curb on crypto trading.
2020-3-4 09:02 | |
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The Economic Offences Wing (EOW) of the Tamil Nadu Police has issued a warning against cryptocurrency dealings. Trade Cryptocurrency at Your Own Risk In a press release, the Tamil Nadu Police EOW advised residents of the state not to get involved in cryptocurrency transactions owing risk of fraud and other criminal activities.
2020-2-12 22:00 | |
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According to a report by The Economic Times published on January 28, 2020, India’s National Institute for Smart Governance (NSIG) – a public-private body promoted by the Central government and software industry lobbying group NASSCOM – has recommended that laws and regulations should cater to the functions performed by technologies such as blockchain and notRead MoreRead More.
2020-1-29 02:30 | |
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In the 1990s, India's economic liberalization helped to boost its economy. In the 2020s, bitcoin adoption should be its next radical monetary innovation. The post How Bitcoin Adoption Will Help India Achieve Its $5 Trillion Economy appeared first on Bitcoin Magazine.
2020-1-4 20:19 | |
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The Facebook Libra cryptocurrency project is facing pushback from Indian lawmakers. According to Economic Affairs Secretary Subhash Garg, the firm’s digital currency is privately-controlled and this fact alone makes the… The post India, U.
2019-7-30 18:14 | |
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The Economic Times reports that India is gearing up to seek ‘adequacy’ status with the European Union‘s General Data Protection Regulation (GDPR), a set of privacy laws adopted by the region in 2016 and enforced from last year.
2019-7-30 09:57 | |
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Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg.
2019-7-27 11:00 | |
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India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets.
2019-7-27 13:13 | |
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Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.
2019-7-26 09:40 | |
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The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power.
2019-7-25 16:49 | |
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The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them.
2019-7-23 16:00 | |
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Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market.
2019-7-10 16:23 | |
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China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.
2019-7-10 11:00 | |
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More than three years after India rejected a Facebook initiative to offer free internet service to its citizens terming the gesture ‘digital colonialism’, the social media giant’s cryptocurrency project Libra might meet the same fate in Asia’s third-largest economy.
2019-7-9 16:06 | |
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Facebook will not have an easy time in the third largest economy of Asia. As the company is set on moving its plans surrounding the Libra cryptocurrency forward, the Indian authorities do not seem very happy with the company’s presence.
2019-7-9 04:28 | |
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India’s Economic Affairs Secretary said he is not comfortable with Facebook’s stablecoin Libra
2019-7-9 22:54 | |
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Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it.
2019-7-8 15:48 | |
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Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert.
2019-7-5 16:08 | |
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The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country.
2019-6-27 14:22 | |
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Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country.
2019-6-26 00:01 | |
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This week, the world stopped and gasped at the announcement of Facebook’s Libra, the cryptocurrency created by the company and set to be launched next year. However, it seems that the biggest market for Facebook will not be available during the launch next year, according to a new report made by the Economic Times (ET). […]
2019-6-21 04:51 | |
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Facebook’s newly-unveiled cryptocurrency, Libra, will not be launched in India due to the country’s strict anti-crypto regulations, a person close to the matter told The Economic Times, June 20, 2019.
2019-6-21 22:57 | |
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By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India.
2019-6-21 13:26 | |
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India has expanded its global tax reporting framework to include specified crypto-assets, central bank digital currencies, and digital money products under updated FATCA and Common Reporting Standard rules.
The Enforcement Directorate has filed a prosecution complaint in a cryptocurrency fraud case involving more than $20 million in stolen digital assets and has attached assets worth about INR 64. 55 crore (approx.
Coinbase launched direct INR deposits and withdrawals in India via IMPS, adding spot and futures access for users amid its India return now.
India’s market regulator has moved ahead with a pilot project for tokenized corporate bonds, testing whether distributed ledger technology can improve liquidity and settlement efficiency in the country’s debt markets.
SGX Nifty is the pre-market indicator every Indian trader checks before NSE opens. Learn what it is, how it became GIFT Nifty, and trading hours.
India’s premier investigative agency, the Central Bureau of Investigation, has arrested Ayush Varshney, co-founder and chief technology officer of Darwin Labs Private Limited, in connection with the alleged GainBitcoin crypto fraud.
As India approaches another Union Budget, the country’s crypto and Web3 community is doing so with restrained expectations, shaped by years of regulatory ambiguity and a policy approach that has prioritised taxation and oversight over formal recognition.