According to reports, two major Indian cryptocurrency exchanges have halted deposits using a popular payment method, prompting concern in a country where, despite.
CoinSwitch Kuber, another blow to the Indian crypto economy, has temporarily halted crypto purchases. Users were not able to make an instant payment.
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.
The Lok Sabha, India’s lower house of parliament, passed Finance Bill 2022 on Friday, which includes a plan to tax cryptocurrency revenue at.
As education providers increase up services for the booming industry, India’s top schools are seeing a surge in demand for custom-made blockchain courses..
On Saturday, Union minister Bhagwat Karad stated that cryptocurrencies are illegal in India and that their future is unknown. A proposal to levy.
During the present Budget session of Parliament, Finance Minister Nirmala Sitharaman stated that the decision on whether or not to prohibit cryptocurrencies in.
On February 1, India’s Finance Minister Nirmala Sitharaman will announce the country’s budget, and the Indian crypto industry is hoping she will address.