Will Indian investors have to pay 42% income tax on their crypto assets

In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn't mean the government has shelved its plans to regulate the iThe post Will Indian investors have to pay 42% income tax on their crypto assets appeared first on AMBCrypto.

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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.

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CoinEx 4th Anniversary | Meet the CoinEx Team, from India to the World

On the 4th anniversary of the exchange, CoinEx has also hosted offline anniversary celebrations around the world with its global partners as a gesture to thank and give back to users. On the morning of December 11, 2021, CoinEx’s Partners in India held the“Meet the CoinEx Team”meet-up to celebrate its 4th anniversary, which attracted many local users.

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Four inspiring blockchain journeys and stories from Odisha, India

Blockchain technology offers a great many advantages to many industries, with the financial sector being one of the most notable examples. The post Four inspiring blockchain journeys and stories from Odisha, India appeared first on CryptoSlate.

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Singapore's Coinstore enters India despite regulatory limbo; cites 'optimism'

India's lack of regulatory clarity on the question of cryptos has left many stakeholders in limbo. From a curtailment in marketing by exchanges to investors falling out, a lot has been happening in thThe post Singapore's Coinstore enters India despite regulatory limbo; cites 'optimism' appeared first on AMBCrypto.

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Nigeria: CBN Governor alleges 'high-level illegality' in crypto-firms

Many countries have been changing their perspective with regards to cryptocurrencies, of late. In that context, India, recently, softened its approach to digital assets. However, Nigeria, having the hThe post Nigeria: CBN Governor alleges 'high-level illegality' in crypto-firms appeared first on AMBCrypto.

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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 […]

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Crypto Exchanges in India Focusing on Ease of Use to Draw Young Investors

The ease of use of many cryptocurrency exchanges in India is drawing the country’s youth into investing in digital assets. The post Crypto Exchanges in India Focusing on Ease of Use to Draw Young Investors appeared first on BeInCrypto.

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India ready to embrace CBDC as 'private cryptos hurt government revenues'

Depending on which part of the world you live in, you will be able to gain access to not only cryptocurrencies, but also blockchain-related products. While a booming market has turned many countries iThe post India ready to embrace CBDC as 'private cryptos hurt government revenues' appeared first on AMBCrypto.

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India Tops The List Of Crypto Ownership With 100 Million Hodlers, Where Does Your Country Place?

Much is said about crypto adoption and how we, as hodlers, will be on the right side of history. And while regulators, U.S ones especially, have been trying their damndest to derail the revolution, data compiled by TripleA shows a positive trend with crypto adoption, especially in many developing nations. With that, India, despite their […]

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India: Here's the latest update on Buterin's Shiba Inu donations

India's second Covid-19 wave earlier this year proved especially harrowing for the country, leading to many international personalities donating huge relief funds. Among them was Ethereum co-founder VThe post India: Here's the latest update on Buterin's Shiba Inu donations appeared first on AMBCrypto.

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Africa, yes, but here's what is really stopping Cardano from entering India

India has been eyed by many firms in the past as a potentially lucrative market for investment and penetration. Especially given that the country has the sixth-largest economy in the world and also onThe post Africa, yes, but here's what is really stopping Cardano from entering India appeared first on AMBCrypto.

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India: A regulatory switch might have this impact on how Bitcoin is treated

Many Indians have certainly rejoiced at the prospect of digital tokens in their wallets. This has been so, despite crypto-market sentiment in India witnessing a lot of headwinds from different regulatThe post India: A regulatory switch might have this impact on how Bitcoin is treated appeared first on AMBCrypto.

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Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People

The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers.

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How to buy Bitcoin in India [2021] – 7 Top Indian Exchanges

Unlike many other countries in Southeast Asia and the Asian subcontinent that opted to ban trading or even owning Bitcoin, the Reserve Bank of India (RBI) barred regulated institutions such as banks from dealing in crypto assets.

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Why cryptocurrency is booming in India despite national ban fears

Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD.

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Bitcoin vs CBDC: India's growing need for both

After the first crypto-related ban in 2018 that affected many from the sector, the 2021 proposal to ban all private crypto assets is having a similar effect. With the decision expected “soon,” andThe post Bitcoin vs CBDC: India's growing need for both appeared first on AMBCrypto.

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South Korea: How are 'crypto-moms' leading the 'second boom?'

Thanks to the recent bull rally, many more people are turning towards the cryptocurrency market all around the world. This has been the case in Asia too, with countries such as Japan and India registeThe post South Korea: How are 'crypto-moms' leading the 'second boom?' appeared first on AMBCrypto.

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India: Are authorities really seizing crypto hardware wallets?

While the lack of regulations for cryptocurrencies has evolved into a problem in India, crypto-users in the country have not been discouraged yet, with many seeking ways to get on the same page as lawThe post India: Are authorities really seizing crypto hardware wallets? appeared first on AMBCrypto.

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Can India Ban Bitcoin?

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Indian Central Bank Mulls Use of Central Bank Digital Currency For Payments

After many years of indifference, the Reserve Bank of India (RBI) is now considering the use of a digital fiat currency for the payment sector in the country, a recent report says. This is coming on the backdrop of the increasing popularity of cryptocurrencies globally.

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Indian Crypto Exchange, CoinDCX, Launches User-Friendly Mobile Trading App

The cryptocurrency industry in India is one of the largest in the world. With a government that has relaxed its industry policies, many exchanges and crypto-based organizations are expected to grow in the country.

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Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India

A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments.

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Could Self-Sovereign Identity Level Up Blockchain Adoption?

The concept of digital identity is gaining rapid traction across the globe. Four of the world’s five most populous countries – China, India, Indonesia, and Brazil – are in various stages of implementing government digital identity schemes, as are many other governments around the globe.

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India: Here's what's stopping investors from jumping into crypto

For many, India is a country with a lot of untapped potential, a country that can truly launch the crypto-space to the stratosphere. However, many hurdles stand in the way of these dreams becoming a rThe post India: Here's what's stopping investors from jumping into crypto appeared first on AMBCrypto.

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Bitcoin: India P2P volume close to overtaking China

The increasing value of Bitcoin [BTC] has given a nudge to many traders snoozing during the low volatility period. The coin's current trading value of over $15K  has enabled significant profits for BThe post Bitcoin: India P2P volume close to overtaking China appeared first on AMBCrypto.

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India: Binance P2P supports Paytm now

The period of altseason has been predicted by many and there has been growing interest visible for crypto. Binance recently added Indian Rupees [INR] on its peer-to-peer trading platform to attract InThe post India: Binance P2P supports Paytm now appeared first on AMBCrypto.

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US Says North Korea Has 6,000 Hackers: Many in Belarus, China, India, Malaysia, Russia

North Korea allegedly has about 6,000 hackers, many of whom operate abroad, according to a recent report published by the U. S. Army. The infamous Lazarus Group, thought to be linked to a number of cryptocurrency exchange hacks, is among them.

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Bitcoin Tops $11,000 Reigniting Interest in India

A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges.

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Indian Prime Minister Modi cites investment opportunities in the Blockchain industry

Similar to many other Asian countries, India has seen a rise in the use of digital currencies. But the reception from its government has not been the most favorable. However, there are new developments that are giving the Indian Cryptocurrency ecosystem good reasons to believe that most of the restrictions against the use of digital […]

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India: Self-regulation on the cards as crypto-users surge

The onset of the COVID-19 pandemic turned many financial investors' interest in the cryptocurrency market, with the global economy appearing to be in peril after world markets fell. Off late, even IndThe post India: Self-regulation on the cards as crypto-users surge appeared first on AMBCrypto.

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India: Blockchain Technology to Digitize Paper-Based Bills of Lading in the COVID-19 Era

India’s Port Community System (PCS) recently integrated CargoX’s Platform for Blockchain Document Transfer (BDT) to digitize the marine industry’s trade documents including bills of lading. Modernizing the Maritime Industry with Blockchain Like many countries across the world, India was forced to undergo a harsh lockdown due to the COVID-19 pandemic.

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Here are 11 ways you can earn money online in India

India has entered the third round of lockdown and it's starting to get difficult for some people as many are being fired from their jobs. The unemployment rate is literally increasing each and every dThe post Here are 11 ways you can earn money online in India appeared first on AMBCrypto.

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Bitcoin: Africa might become the 'leading crypto continent in the next 5 years'

As government-backed fiat is failing to support people during global uncertainties, more and more people are turning towards crypto and the fact that many countries like India, South Korea, Germany, aThe post Bitcoin: Africa might become the 'leading crypto continent in the next 5 years' appeared first on AMBCrypto.

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India: Binance's CZ recognizes P2P market potential as RBI still hesitates

India managed to clear one of the many hurdles towards crypto-adoption in the country following the Supreme Court of India striking down the banking ban. Soon after the development, not only did many The post India: Binance's CZ recognizes P2P market potential as RBI still hesitates appeared first on AMBCrypto.

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Indian Supreme Court Says No to Central Bank’s Crypto Ban

After many months of uncertainty, Indian cryptocurrency investors can finally breathe a huge sigh of relief as the Indian Supreme Court has struck down the Reserve Bank of India’s banking ban for cryptocurrency entities in the country.

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India to embrace blockchain technology for voting system

Blockchain conversations are no longer limited to Bitcoin and cryptocurrencies. As blockchain is rapidly becoming unrivaled, this tech has been deployed in many sectors and across different pilot projThe post India to embrace blockchain technology for voting system appeared first on AMBCrypto.

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India should consider launching its own CBDC: WazirX's Nischal Shetty

With cryptocurrencies emerging as the buzzword across the globe, many countries today are in the process of introducing and launching their own Central Bank Digital Currencies (CBDCs). During a recentThe post India should consider launching its own CBDC: WazirX's Nischal Shetty appeared first on AMBCrypto.

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Ripple’s Partner MoneyGram Expands in India, Will It Affect XRP Price?

Coinspeaker Ripple’s Partner MoneyGram Expands in India, Will It Affect XRP Price?MoneyGram is starting 2020 with expansion plans into India. Through Ebix the payment giant will reach many more customers in the Indian market.

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Subhash Chandra Garg on the Future of Crypto

India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards.

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India's Infosys announces blockchain-powered distributed applications

India has embraced blockchain technology and many tech-based companies have found use-cases for this decentralized and distributed digital ledger. Infosys, one of India's premier technology services aThe post India's Infosys announces blockchain-powered distributed applications appeared first on AMBCrypto.

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India’s Unclear Regulations Leave Blockchain And Crypto Startups In Dismay, Is There Still Hope?

The year 2019 hasn’t been so great for the Indian blockchain and crypto industry, seeing favorable regulations haven’t been circulated and central banks have had a hostile attitude. At the beginning of the year, some crypto exchanges have shut down, not to mention there have been many layoffs.

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Binance-acquired WazirX's CEO addresses crypto-FUD in India

India's WazirX was under the crypto-spotlight recently after Malta-based cryptocurrency exchange, Binance, acquired it. However, many have expressed concerns over the uncertainty around the legality oThe post Binance-acquired WazirX's CEO addresses crypto-FUD in India appeared first on AMBCrypto.

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Binance's speed of execution is its most attractive aspect: WazirX CEO

Many influencers in the cryptocurrency industry believe that these assets have the potential to deliver payment facilities to people who are underbanked. India, being the second-most populous country The post Binance's speed of execution is its most attractive aspect: WazirX CEO appeared first on AMBCrypto.

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Indian Government Delays Introducing Cryptocurrency Bill

The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament.

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Indian Government Delays Introducing Crypto Bill

The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament.

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Bithumb Seeking Indian Partner for its Blockchain Platform

Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain platform specially designed for India and its growing number of crypto users.

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190 Indian Bank Locations Raided in Massive Fraud Crackdown

India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.

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190 Indian Bank Branches Raided in Massive Fraud Crackdown

India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.

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