Blockchain News

The Reserve Bank of India (RBI) Will Launch CBDC Trials And Present Concepts For Wholesale And Retail

In a concept note regarding the central bank digital currency, the Reserve Bank of India (RBI) announced that it would shortly start a.

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Crypto News

As day traders flee, India’s crypto exchanges are planning for the long term

India’s cryptocurrency exchanges are launching a series of “longer-term investments” to combat this year’s slump in crypto values and a drop in activity.

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Crypto News

The RBI’s stance is justified, according to the governor.

Following the collapse of Terra’s UST and LUNA, RBI governor Shaktikanta Das noted in a local media interview that the central bank has.

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Crypto News

India is considering imposing a ‘reverse charge’ tax on foreign cryptocurrency exchanges

The India government is considering imposing a “reverse charge” on virtual digital asset investments made through foreign platforms. A reverse charge is a.

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Crypto News

Regulation of cryptocurrency must ‘take its time,’ according to India’s FM. Nirmala Sitharaman

Indian finance minister Nirmala Sitharaman said at Stanford University on Wednesday that regulating cryptocurrency will take time to ensure the government takes a.

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Crypto News

Indian cryptocurrency investors are in a panic as bitcoin exchanges turn off the transmission network

According to reports, two major Indian cryptocurrency exchanges have halted deposits using a popular payment method, prompting concern in a country where, despite.

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Crypto News

The International Monetary Fund (IMF) has issued a warning to India about cryptocurrency adoption

The International Monetary Fund (IMF) recently raised concerns about the hazards of enabling cryptocurrencies to be used as legal money. The fund is.

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Crypto News

A member of the Indian parliament has proposed a crypto tax of more than 30%.

A member of Parliament, Sushil Kumar Modi, has encouraged India’s finance minister, Nirmala Sitharaman. Also, to consider boosting the capital gains tax on.

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Crypto News

A member of the Indian parliament has asked the government to tax cryptocurrency income at a rate of more than 30%.

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.

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Crypto News

A member of Parliament claims that a 1% TDS will kill the crypto asset class in India and urges the government to reconsider.

The Lok Sabha, India’s lower house of parliament, passed Finance Bill 2022 on Friday, which includes a plan to tax cryptocurrency revenue at.

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