CRYPTO LEGAL IN INDIA

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CRYPTO LEGAL IN INDIA

The RBI’s stance is justified, according to the governor.0
- Latest News
- May 24, 2022
Following the collapse of Terra’s UST and LUNA, RBI governor Shaktikanta Das noted in a local media interview that the central bank has been right to warn against cryptocurrencies. On Monday, Das told CNBC TV18 that if cryptocurrency had been regulated in India before the recent crisis involving the Terra ecosystem, investors would have questioned
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CoinSwitch in India is pleading for regulatory clarity and predictability 0
- Latest News
- May 23, 2022
India CoinSwitch CEO Ashish Singhal claimed that the country needs to enact legislation on cryptocurrency to solve regulatory ambiguity, protect investors, and expand India’s crypto economy. Despite the fact that India’s central bank has campaigned for a ban on cryptocurrencies owing to concerns to financial stability, the cryptocurrency industry has interpreted the federal government’s proposal
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India is considering imposing a ‘reverse charge’ tax on foreign cryptocurrency exchanges 0
- Latest News
- May 18, 2022
The India government is considering imposing a “reverse charge” on virtual digital asset investments made through foreign platforms. A reverse charge is a tax owed by the recipient of goods or services rather than the supplier. The burden of goods and services taxation (GST) will rest on an Indian investor who purchases services from a
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In India, cryptocurrencies, like betting and casinos, may soon be subject to a 28 percent GST 0
- Latest News
- May 9, 2022
The GST Council is expected to consider imposing a 28 percent GST on cryptocurrencies. The government wants cryptocurrency to be on par with lotteries, casinos, racetracks, and betting. The GST Council has appointed a law committee to consider the idea to impose a 28% Goods and Services Tax on all services and activities related to
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The Indian Finance Minister hails blockchain technology 0
- Latest News
- May 9, 2022
While hailing blockchain as “extremely necessary,” Indian Finance Minister Nirmala Sitharaman stated that the “inherent risk” of this nascent technology necessitates prudence. Private cryptocurrencies like as bitcoin, on the other hand, are “pretty well disseminated” in India, according to her. Sitharaman explained that while the Indian government supports the use of distributed ledger technology (DLT),
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How Buterin’s millions were spent on India’s covid relief program 0
- Latest News
- May 5, 2022
When hospitals ran short of beds and oxygen cylinders during the second wave of Covid-19 in April and May of last year, Ethereum developer Vitalik Buterin came to India’s rescue. Vitalik aided India’s fight against the pandemic by donating millions to the Covid-19 relief fund, providing around 500 Ethereum, 50 trillion Shiba Inu tokens, and
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The RBI's stance is justified, according to the governor.
- Latest News
- May 24, 2022
CoinSwitch in India is pleading for regulatory clarity and predictability
- Latest News
- May 23, 2022
India is considering imposing a 'reverse charge' tax on foreign cryptocurrency exchanges
- Latest News
- May 18, 2022
In India, cryptocurrencies, like betting and casinos, may soon be subject to a 28 percent GST
- Latest News
- May 9, 2022
The Indian Finance Minister hails blockchain technology
- Latest News
- May 9, 2022

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