2022-8-12 13:34 |
India's Enforcement Directorate estimates that the accused firms laundered more than Rs 1,000 crore or $130 million in the instant loan app case, according to the report.
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India's Enforcement Directorate estimates that the accused firms laundered more than Rs 1,000 crore or $130 million in the instant loan app case, according to the report.
2022-8-11 13:34 | |
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India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […]
2022-7-11 19:33 | |
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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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Most of the ads either breached guidelines for influencers or general crypto ad guidelines, according to the Advertising Standards Council of India (ASCI).
2022-6-30 22:35 | |
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The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday.
2022-6-23 11:10 | |
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Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.
2022-5-29 08:05 | |
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According to a report from The Economic Times, India is looking to extend its crypto taxations to include gains made from decentralized finance (DeFi) activities. The post India eyes 20% taxation on DeFi gains appeared first on CryptoSlate.
2022-5-3 18:00 | |
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The move comes as more VCs target India’s growing startup ecosystem.
2022-5-3 06:45 | |
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The move comes as more VCs target India’s growing startup ecosystem.
2022-5-3 06:45 | |
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India is now directing providers to keep KYC records for 5 years and report data breaches within six hours. The post India Encourages Service Providers to Report Breaches Within 6 Hours; Suggests Keeping KYC Records for 5 Years appeared first on BeInCrypto.
2022-4-29 17:50 | |
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More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.
2022-4-4 11:37 | |
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BitConnect founder Satish Kumbhani has reportedly disappeared from India, according to a Bloomberg report which cited local officials. The exchange founder was just indicted for orchestrating a Ponzi The post 'Missing' BitConnect founder presents more questions than answers for SEC appeared first on AMBCrypto.
2022-3-1 17:30 | |
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Western states are embracing digital currencies with some even considering taking tax payments in Bitcoin and other cryptos. India wants to slap a 30% tax on all gains. For the rest of the US, tax is anywhere between 10 – 37% depending on how long you hold your cryptos. The latest report shows a growing […]
2022-2-8 22:21 | |
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The crypto industry remains an uncertain playing field in many countries due to a lack of regulatory guidelines. Despite that, Bloomberg analysis noted in a recent report that Binance, the largest cryThe post As VCs turn to crypto, here's why CZ thinks India is 'poised to become a leader' appeared first on AMBCrypto.
2022-1-11 23:00 | |
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A local media report has confirmed that major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion. [embed]https://twitter.com/ANI/status/147718695The post India: Dull New Year for crypto as platforms to face raids over alleged tax evasion appeared first on AMBCrypto.
2022-1-1 13:30 | |
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It looks like India's decision to remove the crypto bill from the 2021 Parliamentary agenda is negatively affecting new signups. In this context, it should be noted that investor registrations on crypThe post Report: India's decision to defer the crypto bill is affecting crypto user signups appeared first on AMBCrypto.
2021-12-31 11:30 | |
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In a report released today, India's central bank has laid down the benefits of a central bank digital currency (CBDC) and its possible future in India. It noted, "In its basic form, a central bank diThe post India: Central bank supports CBDC 'in its basic form,' as alternative to cash appeared first on AMBCrypto.
2021-12-28 17:00 | |
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A report published by the Indian crypto exchange WazirX stated that there were more than 10 million users on the platform, buying and trading everything from Bitcoin to Shiba Inu. However, the countryThe post In a 'yes, no, maybe' situation for India, RBI now demands full crypto ban: report appeared first on AMBCrypto.
2021-12-18 14:30 | |
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The sentiments and trading patterns of crypto investors in India have the potential to rock the global market, as the country's last brush with crypto ban rumors showed the world. With FUD still brewiThe post WazirX Report: women prefer Bitcoin while men chose Shiba Inu appeared first on AMBCrypto.
2021-12-16 20:00 | |
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A new era of technology is upon us and India surely does not want to miss out on this, especially when it can leverage it to boot its economy. This point was brought up in a report released by US IndiThe post India: Crypto, Web 3.
2021-12-6 21:30 | |
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The Indian government is readying to regulate crypto as assets instead of enforcing an outright ban on the industry. A report unveiled this news earlier today, citing a Cabinet note. By regulating cryptos as assets, India has declined to recognize coins like Bitcoin (BTC/USD) and Ethereum (ETH/USD) as currencies.
2021-12-5 18:28 | |
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Looks like the Securities and Exchange Board of India (SEBI) will oversee the country's crypto market, as per reports. There will be no ban on investors having exposure to private cryptos in India, a The post Securities regulator SEBI to oversee India's crypto market, report reveals appeared first on AMBCrypto.
2021-12-3 09:50 | |
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India's crypto market is on the edge of a regulatory brink right now. Undoubtedly, investors' sentiments are in flux. On 1 December, crypto exchange KuCoin published a report taking a look at the cThe post KuCoin report shows Bitcoin is India's favorite crypto, but a surprising hit is... appeared first on AMBCrypto.
2021-12-2 19:00 | |
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India's plan to ban cryptocurrencies has been scrapped, according to a local report
2021-12-2 17:32 | |
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India is the second biggest crypto market in terms of global adoption, with an estimated investment of INR 6.6 billion in the asset class. Unsurprisingly, reports of a likely private crypto ban causedThe post Report recommends regulating not banning 'flourishing' crypto industry in India appeared first on AMBCrypto.
2021-12-1 18:30 | |
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India does not plan to recognize Bitcoin as a currency, said Finance Minister Nirmala Sitharaman on Monday, in response to a question in the Lok Sabha, as per the local report. When asked whether the government has a proposal to recognize the leading cryptocurrency as a currency in the country, Sitharaman gave a “No.
2021-11-29 21:18 | |
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The top cryptocurrencies grabbed headlines this week following a market-wide market tumble that saw… The post Weekly Report: India looking to transform its crypto sector, potential CBDC trial run on the way appeared first on Coin Journal.
2021-11-20 07:32 | |
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The Reserve Bank of India (RBI), the nation’s central bank, is exploring the viability of a central bank digital currency (CBDC) and may launch pilot tests early next year, according to a report in local news outlet the Business Standard.
2021-11-18 21:05 | |
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WazirX, the leading crypto exchange in India, has seen its userbase grow tenfold since the start of the year. A report unveiled this news earlier today, noting the Binance-owned exchange recorded a trading volume exceeding $38 million (£28.
2021-11-14 00:02 | |
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Many of the biggest crypto-related businesses in India will meet with the government next week to share their views about the industry. Indian Crypto Companies Set To Meet With Government On Nov 15 As per a report from Business Insider, the leading crypto businesses in India will attend a meeting with the government this coming […]
2021-11-13 22:00 | |
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The Indian government is likely to levy both direct and indirect taxes on crypto assets, as per a local report. A source to the media outlet noted, "One of the key issues is taxation. If there is gaiThe post India: both Income tax and GST may apply to crypto appeared first on AMBCrypto.
2021-11-9 16:30 | |
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The largest digital payments company in India, Paytm, would consider adding Bitcoin trading to its offerings if the government clears regulatory confusion regarding crypto. Paytm Will Consider Offering Bitcoin Trading If The Indian Government Legalizes Crypto As per a report from Bloomberg, Paytm has expressed interest in adding Bitcoin trading to the platform. However, the […]
2021-11-5 22:00 | |
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According to a recent report, the fast development of the crypto market in India helps the market evolve in smaller countries around it as well
2021-11-4 16:09 | |
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In the last six months, meme coins were seemingly the most sought-after cryptocurrencies in India, as per a local report. According to which, Dogecoin and rival Shiba Inu had a lion's share in the couThe post Indian exchanges pin DOGE, SHIB as market's favorite puppers appeared first on AMBCrypto.
2021-11-3 18:00 | |
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Despite facing regulatory challenges and volatility issues in India, crypto trading continues to forge its way ahead in terms of being one of the most popular investment options for Indians. The post There are over 100 million crypto owners in India, report finds appeared first on CryptoSlate.
2021-10-21 11:09 | |
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The crypto industry in India is estimated to flourish massively in the coming years. NASSCOM Report on Crypto Adoption in India According to a recent report by the Indian non-profit association — The National Association of Software and Service Companies (NASSCOM), the cryptocurrency space in the country is expected to grow exponentially this decade. Specifically,Read More
2021-9-26 17:00 | |
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The tech industry facilitating cryptocurrencies in India will achieve a value of $241 million by 2030, according to a recent report. The post Crypto-Tech Industry in India to Reach $241M by 2030 appeared first on BeInCrypto.
2021-9-25 19:26 | |
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The Indian state of Kerala is offering zero-cost online courses to individuals keen on learning about the fundamentals of the Ethereum blockchain. Betting on Ethereum Education According to a report by onmanorama on September 16, the Kerala Blockchain Academy is giving an opportunity to computer science enthusiasts to add an Ethereum blockchain credential to theirRead More
2021-9-18 21:00 | |
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Blockchain-based real estate platform RealX launches in India. Enabling Fractional Ownership of Real Estate According to a report by The Economic Times published on September 10, RealX – a blockchain-based service that allows users to own real estate in fractions – has opened its platform to the Indian public. Notably, RealX launched last year butRead More
2021-9-11 19:00 | |
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The Indian government could finally be making plans to embrace the crypto economy. India Considering Legitimizing Crypto The ambiguous state of legality of cryptocurrencies in India might soon be coming to an end for good if a recent report by The Economic Times is anything to go by.
2021-9-4 15:00 | |
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India could launch the pilot program for its digital rupee by December 2021, a report by CNBC confirms. Digital Rupee Pilot to Launch by December 2021 India’s central bank, the Reserve Bank of India (RBI) recently made its intentions public of launching its first digital currency trial programs by December 2021. Speaking to CNBC, RBIRead More
2021-8-28 21:00 | |
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India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as according to a recent report by Mint, GeM is considering experimenting with the emerging technologyRead More
2021-8-20 01:00 | |
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According to a Chainalysis report, crypto adoption from individual investors sees the fastest growth in India and Vietnam. The post Crypto Adoption Rates Spike in India and Vietnam appeared first on BeInCrypto.
2021-8-19 12:05 | |
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Indian IT giant Tech Mahindra has joined forces with Singapore and Hyderabad-based ditital supply chain solutions provider StaTwig to implement ‘VaccineLedger’ across the globe. Tracing Vaccine Provenance with Blockchain According to a report by The Business Line, major Indian IT firm Tech Mahindra is set to leverage distributed ledger technology (DLT) to perform end-to-end traceabilityRead More
2021-7-6 21:01 | |
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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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Indians are favoring investing in cryptocurrencies as data has shown that crypto investments in the country have surged significantly in the past year. According to our recent report, data from Chainalysis has shown that crypto investments in India have grown approximately 900%.
2021-7-1 23:54 | |
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Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies.
2021-6-30 00:30 | |
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Bitcoin, Ether, and Dogecoin investments in India have grown by a whopping 19,900% from $200 million to the current $38. 8 billion in just 12 months. According to a report by Reuters, the growth is primarily coming from the 18-35 age group consisting of generation Z and millennials.
2021-6-30 20:27 | |
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India is seeing explosive growth in crypto investments compared to last year as the $40 billion milestone is crossed. Rapid Growth In Cryptocurrency Compared To Last Year As per a Bloomberg report, Indian investors now hold $40 billion in virtual assets, a massive increase from $200 million a year ago.
2021-6-29 21:34 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.