CoinSwitch Kuber, another blow to the Indian crypto economy, has temporarily halted crypto purchases. Users were not able to make an instant payment.
Just ten days after the tax rule went into effect, new data on the trading volume of Indian crypto exchanges shows a dramatic.
Binance Founder and CEO Changpeng Zhao (Cz) emphasized India’s position in web3 and the metaverse, saying the country is a “natural forerunner” in.
Coinbase, the largest US-based cryptocurrency exchange, disabled the feature to acquire bitcoin using the popular Unified Payments Interface payment instrument in India on.
Since the new tax law took effect on April 1, trade volumes on cryptocurrency exchanges in India have decreased by 15% to 55.
The International Monetary Fund (IMF) recently raised concerns about the hazards of enabling cryptocurrencies to be used as legal money. The fund is.
A member of Parliament, Sushil Kumar Modi, has encouraged India’s finance minister, Nirmala Sitharaman. Also, to consider boosting the capital gains tax on.
Through LegitDoc, a document-verifying system based on the Polygon blockchain, a district administration in Maharashtra, India, has begun stamping 65,000 caste certificates. In.
The Rajya Sabha, India’s upper house of parliament, is now debating India’s Finance Bill 2022, which includes a proposed 30% tax on crypto.
The Lok Sabha, India’s lower house of parliament, passed Finance Bill 2022 on Friday, which includes a plan to tax cryptocurrency revenue at.