15 Aug 2022

What happens if India bans crypto?

In 2018, the Reserve Bank of India banned banks from interacting with cryptocurrency exchanges, causing many consumers to sell their crypto on exchanges. The investors were given three to six months


06 Aug 2022

Mahastra State Issues 100k Polygon Diplomas

The Indian Express reported on Thursday that the Maharashtra State Board of Skill Development (MSBSD), in partnership with the Maharashtra State Innovation Society (MSINS), had awarded about 100,000


05 Aug 2022

India Freezes WazirX Assets As Part of Investigation

As part of an investigation into immediate personal loan fraud, India's Directorate of Enforcement (ED) has revealed that it has frozen around $8.1 million and conducted a search related to the cryp


18 Jul 2022

RBI India Determined to Ban Crypto

Over the last several years, India has changed its mind many times about whether to permit the usage of cryptocurrencies there. Indian Finance Minister Nirmala Sitharaman said on Monday that the Res


30 Jun 2022

India Central Bankers Warn of the Dangers of Cryptocurrency

Governor Shaktikanta Das made a new statement on Thursday, a month after reiterating the Reserve Bank of India (RBI) position on cryptocurrencies. Last month, when the cryptocurrency market collapse


09 Jun 2022

India is considering introducing thorough crypto tax guidelines

The India government intends to release detailed tax rules for the crypto industry before July 1, following the tax suggestions made in the Union Budget 2022-23. Authorities reportedly requested rul


29 May 2022

India Central Bank’s Proposal For CBDCs

According to a story from the Hindustan Times, the Reserve Bank of India (RBI) recommended a phased introduction of the central bank digital currency on May 27, 2022. (CBDC). RBI said in a paper


24 May 2022

Binance Struggle With The Indian Market

The Indian government has taken a hard line on cryptocurrency use and trade. The administration, on the other hand, has yet to develop a regulatory framework for digital assets. Meanwhile, Binance,


04 May 2022

India intends to levy a 20% tax on DeFi transactions

The Central Board of Direct Taxes (CBDT) of India intends to charge a 20% tax on interest received from investments in decentralized finance (DeFi). The Economic Times, a local news outlet, reported


20 Apr 2022

Four Indians Arrested For Crypto Fraud of Over $2 Million

Police in the southern Indian city of Bangalore have arrested four people in connection with a crypto ponzi scheme run through an app called ShareHash. Sheetal Bastawad of Belagavi, taxi driver I


10 Apr 2022

What India New Crypto Tax Law is Doing to Hodler’s

As previously reported, crypto traders in India would now be subject to the same degree of taxation as horse racing and other speculative activities. Gains made from crypto assets in the country are


06 Apr 2022

Authorities in India seize $300k in crypto connected to drug trafficking

During a session of the India parliament on Monday, Pankaj Chaudhary, the country's Minister of State for Finance, stated that a raid by the Narcotics Control Bureau, Central Board of Indirect Taxes


21 Mar 2022

Asia’s First Ever ETF Debuting in India

Since November 2021, India investors have been able to take positions in the cryptocurrency market without having to 'put skin in the game,' which means that they can actively participate in the mar


01 Dec 2021

India Chooses to Regulate Crypto Instead of Banning It

India has shared its plans to regulate cryptocurrency instead of banning it altogether like it previously intended. The Prime Minister of India, Narendra Modi, led a meeting in which officials, w


19 Oct 2021

India’s Crypto Industry Making Amazing Progress

India’s largest cryptocurrency exchange, CoinSwitch Kuber, has disclosed that the country’s crypto ecosystem is currently in talks with regulators to help them understand the asset class. Speakin


07 Oct 2021

CoinSwitch Raises $260M And Hits $1.9B Valuation

CoinSwitch Kuber has become the second cryptocurrency startup to attain unicorn status after raising $260 million in a Series C funding round.  The recently concluded funding round was co-le

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