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 arrest of a man in connection with the phony crypto-Morris coin case was reported by the Kozhikode sub-zonal Office of Enforcement Directorate.
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.
According to persons acquainted with the situation, Indian actor Amitabh Bachchan, whose NFTs are listed on Beyondlife.club, an NFT marketplace, has paid roughly.
In a move that could have a negative influence on crypto adoption in India, the government said that its pending tax law for.