2022-7-7 17:40 |
India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times India reported.
Similar to Notcoin - Blum - Airdrops In 2024
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India's Directorate of Enforcement (ED) has summoned top crypto bosses to further probe if the platforms are in violation of foreign exchange rules, a report has confirmed. The post India: Trouble for Crypto Players as Enforcement Agency Summons Top Execs appeared first on BeInCrypto.
2022-7-6 13:00 | |
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The government of India is planning a "reverse charge" on virtual digital asset investment on overseas platforms. The post India Mulls ‘Reverse Charge’ Tax on Foreign Crypto Platforms appeared first on BeInCrypto.
2022-5-18 09:03 | |
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The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.
2022-3-11 04:09 | |
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A recent cabinet note shared by the government of India states the new crypto bill will be regulated by the Securities and Exchange Board of India (SEBI). The post India may disallow Indians from trading crypto on foreign exchanges appeared first on CryptoSlate.
2021-12-3 15:00 | |
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The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto.
2021-7-3 12:46 | |
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Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021.
2021-7-3 22:00 | |
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The last few months of the year have been interesting yet dramatic for the cryptocurrency market. Not only due to the wider price volatility, but on the regulation front as well. On one hand, while ElThe post Is India mulling the taxation of foreign crypto-exchanges to the tune of 18%? appeared first on AMBCrypto.
2021-7-2 20:00 | |
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Exchanges with Indian customers may have to pay an 18 percent tax
2021-7-2 08:28 | |
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India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactThe post This could make buying Bitcoin and other cryptocurrencies more expensive for Indians appeared first on AMBCrypto.
2021-6-22 14:00 | |
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India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed.
2021-6-12 12:30 | |
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Apple might finally be able to sell iPhones directly to customers in India from its own online store. . Yesterday, the government said it’s relaxing local sourcing norms for foreign direct investment (FDI) for single-brand retail, opening the door for Apple store like outlets.
2019-8-29 09:03 | |
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An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy.
2019-3-12 09:40 | |
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Amazon is in a tough spot in India, one of its largest markets outside the US. New government-issued norms, which kicked in just today, prevent foreign firms from selling their products directly to consumers.
2019-2-1 12:47 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges.
2018-10-14 23:39 | |
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The Indian banking sector will get a blockchain boost as one of the most prominent private sector banks, Kotak Mahindra, has now joined the RippleNet. The bank will be working on Ripple’s xCurrent platform to settle cross-border payments.
2018-6-28 15:59 | |
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WazirX token was one of the best performers on Dec. 3 as it formed a long God candle. WazirX (WRX) price jumped to a high of $0.3500, its highest level since March 14, and 255% above the lowest point this…
WazirX plans to restart trading alongside new features, a recovery token, and a decentralized exchange to make creditors whole. Speaking at the company’s fourth town hall session on YouTube, WazirX co-founder Nischal Shetty disclosed plans to airdrop “recovery tokens” to…
Coinbase and Binance are amidst an ongoing controversy over their listing fees.
The victims of the WazirX hack last July 2024 are now planning a class-action lawsuit. According to multiple sources, a group of victims is finalizing the plans to sue India’s largest crypto exchange to recover more than $600,000 in crypto assets.
Indian crypto exchange WazirX has disclosed its proof-of-reserves (PoR) report, showing that over 40% of customer assets are stored on third-party exchanges, according to an Oct. 25 statement. The exchange said its PoR dashboard aims to promote transparency by enabling independent verification of its wallet addresses, which include the precise holdings for each asset.
Crypto exchange WazirX is searching for a new custodian that can offer insurance for user funds, aiming to enhance security and minimize risk. Indian cryptocurrency exchange WazirX is actively seeking a new custodian partner that can provide insurance for user…
Officials from India’s Financial Intelligence Unit and other agencies are probing WazirX over a $235 million crypto hack, as the exchange investigates potential insider involvement. Indian cryptocurrency exchange WazirX is collaborating with government agencies, including the Financial Intelligence Unit, to…