Browsing Tag
India
234 posts
Indian Authorities freeze Vauld assets worth ~$46m
While Bitcoin [BTC] and other cryptocurrencies try to thrive through the bear market, projects in the industry were…
Will Investors Get Their Money Back if Crypto is Banned in India?
The Indian government placed a 30% tax on cryptos early this year with an additional 1% in TDS.…
India’s RBI seeks to ‘prohibit’ cryptos
The Indian government has been hostile toward cryptos since the beginning. In 2018, the RBI announced that banks…
CBDCs Might Be Cryptocurrency’s End, Says Reserve Bank of India Deputy Governor
Reserve Bank of India governor T Rabi Sankar says that Central Bank Digital Currencies (CBDC) could kill cryptocurrencies.…
India Drives Close to Putting Together Its Cryptocurrency Consultation Paper
India is getting close to finalizing its cryptocurrency consultation paper. The announcement was made by the economic affairs…
India to “Reverse Tax” Crypto investments via Foreign Exchanges; Details
Apart from the already heavily weighted tax regime on cryptos, the Government of India is considering imposing a…
Here’s why Coinbase steered away from India
India is home to several crypto platforms. The rising interest in the crypto-verse among Indians seemed to have…
India: DeFi txns under radar now; Users to pay 20% TDS?
The Indian government formally made crypto returns taxable quite recently. The regulators imposed a hefty 30% tax on…
WazirX Founders have relocated to Dubai, Citing Indian Heavy Tax Laws
India’s largest cryptocurrency exchange, WazirX, witnessed its founders reportedly relocate its base from India to Dubai. WazirX CEO…
India: Finance Minister Sitharaman points out ‘biggest risk’ associated with crypto at IMF meet
Over the years, India has maintained a hot-and-cold relationship with digital assets, especially cryptos. In 2018, the country…