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No mention of crypto in India's budget: Investors left hanging
On the 1 February, Nirmala Sitharaman, the Finance Minister of India, gave the Modi government's last budget before the Lok Sabha elections in 2024. In the speech, the minister announced a surge of 76The post No mention of crypto in India's budget: Investors left hanging appeared first on AMBCrypto. дальше »
2023-2-1 11:45
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Indian minister has no beef with regulated crypto
The Minister of Information Technology in India, Rajeev Chandrasekhar, said that there would be no problems using cryptocurrencies inside India. дальше »
2023-1-19 22:05
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Indians moved cryptos to foreign exchanges in 2022
Research shows that India’s new tax policy has driven the country’s cryptocurrency users away from national exchanges. дальше »
2023-1-5 22:48
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Indian state police to use blockchain to protect informants’ anonymity
The Tamil Nadu Idol Wing Police has launched a blockchain-backed feedback mechanism to ensure the Anonymity of informants. дальше »
2022-12-23 17:30
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Crypto Will Trigger Next Financial Crisis If It’s Not Totally Banned, Warns Indian Central Bank Chief
Shaktikanta Das, the governor of the Reserve Bank of India, has made fresh comments against cryptocurrencies. дальше »2022-12-23 19:21
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Indian central bank governor calls for crypto ban, champions CBDCs
India’s Central Bank Governor Shaktikanta Das said private crypto assets like Bitcoin (BTC) could cause the next financial crisis and should be banned as they carry “huge inherent risk,” CNBC reported on December 21. дальше »
2022-12-21 21:00
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Indian government updates parliament on crypto legislation and exchange probes
The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to concerns regarding the crypto bill On Dec. 20, the Indian government responded to… дальше »
2022-12-20 11:58
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Charles Hoskinson Says India’s Anti-Crypto Regulatory Environment Is Preventing Cardano’s Entry
Charles Hoskinson isn't interested in Cardano pushing into the Indian market until the south Asian country drops its anti-crypto policies for progressive regulations. дальше »2022-12-11 00:20
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e-Rupee: India launches first central bank digital currency
India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes Bank, ICICI Bank, and IDFC Bank will offer… дальше »
2022-12-3 18:51
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CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry
The Indian government has maintained a bullish stance on its income tax on crypto assets. The government demonstrated this with the proposal of a Cryptocurrency and Regulation of the Official Digital Currency Bill in 2021. дальше »
2022-11-7 22:16
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RBI Launches Much-Anticipated Digital Rupee Pilot For Wholesale Segment
India’s much anticipated Digital Rupee has been launched for the wholesale segment on a pilot basis. The use case for Digital Rupee in wholesale will be the settlement of transactions in government securities in the secondary market, the RBI said in a statement. дальше »
2022-11-5 22:10
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India Will Start Testing ‘E-Rupee’ Digital Currency On November 1
The Reserve Bank of India (RBI) has announced that it will commence a pilot for a wholesale version of its central bank digital currency (CBDC) on November 1. Digital rupee pilots for the retail segment will begin within a month. дальше »
2022-11-1 23:57
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Blockchain-Based Online complaint Registration Portal Brings India’s Firozabad on International Map
District police of Firozabad in India have launched a blockchain-based complaint registration portal. The news gathered considerable media attention and brought this obscure district with 2. 4 million people to the international limelight. дальше »
2022-10-16 01:01
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RBI Releases Concept Note on Its CBDC, Pilot Project is in the Offing
On Friday, the Reserve Bank of India (RBI) released a concept note on the planned launch of CBDC or digital rupee this year. It said a pilot project with specific use cases would be launched without giving a timeline. дальше »
2022-10-16 00:08
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India To Test E-Rupee As Bitcoin and Ethereum Threaten Supremacy Of The Central Bank
With government-backed currencies launched to replace Bitcoin and Ethereum, analysts review the prospects of an e-rupee alongside BTC in India. дальше »2022-10-12 21:59
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Concept Note Outlines The Roadmap To Digital Rupee – India’s Central Bank
On October 7 2022, the Reserve Bank of India (RBI) released a concept note to create awareness of Central Bank Digital Currencies (CBDC) in general and to explain the risks and benefits of issuing a CBDC or digital Rupee for India. дальше »
2022-10-9 22:44
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Amid Sharp Fall in Trading Volume, Indian Crypto Exchange ZebPay Sets Eyes on Singapore, UAE Markets
India-focused crypto exchange ZebPay has applied for a license in Singapore and is planning a similar move in the UAE. The trading platform’s decision, founded in 2014, to seek a license to operate in another country comes on the heels of a drastic fall in trading volume, which some reports suggest is as much as […] дальше »
2022-10-9 22:16
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India's central bank shares concept note on CBDC; will begin pilot soon
India's central bank, the Reserve Bank of India (RBI), has released a concept note on the country's proposed central bank digital currency (CBDC). The concept note discussed key issues such as techThe post India's central bank shares concept note on CBDC; will begin pilot soon appeared first on AMBCrypto. дальше »
2022-10-8 17:30
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Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam
India’s financial watchdog, Enforcement Directorate (ED), confiscated $1. 2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on September 29, several apps offered users to buy the HPZ tokens to have higher returns. дальше »
2022-10-3 01:11
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Indian exchange WazirX follows Binance in delisting USDC
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October. дальше »
2022-9-20 16:36
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India: WazirX's bank accounts unfrozen by Enforcement Directorate
Indian cryptocurrency trading platform WazirX revealed today that the Enforcement Directorate (ED) has unfrozen its bank accounts after its investigation. It is after nearly a month that the exchangeThe post India: WazirX's bank accounts unfrozen by Enforcement Directorate appeared first on AMBCrypto. дальше »
2022-9-12 15:30
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Ad Spend by Indian Crypto Exchanges Decline by 89%: Report
Ad spending by major Indian crypto exchanges has fallen by nearly 89% in the first half of 2022 compared to the same period of the previous year, said a report by India Today. According to cryptocurrency data research firm Credit Rating for Exchanges Blockchains and Coin Offerings (CREBACO), major Indian crypto exchanges spent more on advertising […] дальше »
2022-9-4 21:51
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India can help make Web3 a reality, says Antler Global’s Nitin Sharma
Indian Web3 developers could be behind the next ‘Facebook or Google of Web3’, said… The post India can help make Web3 a reality, says Antler Global’s Nitin Sharma appeared first on CoinJournal. дальше »
2022-8-23 19:02
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Correlation growing between crypto and equity markets in Asia, says IMF
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.
дальше »2022-8-23 13:37
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Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers
Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.
дальше »2022-8-8 19:15
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Binance never completed the WazirX acquisition, CZ says
Binance CEO Changpeng Zhao has said that the global cryptocurrency exchange “never completed” the… The post Binance never completed the WazirX acquisition, CZ says appeared first on CoinJournal. дальше »
2022-8-6 21:07
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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability
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 […] дальше »
2022-7-11 19:33
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Investors Duped In Major Crypto Scam In India
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated with the industry despite all the uncertainties in regulatory framework that continues to exist. дальше »
2022-7-10 04:00
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Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?
Cryptocurrency trading is taking another pattern and shape in India due to the implementation of taxation laws. As a result, the traders are experiencing a different turn in their transactions lately in the country. дальше »
2022-7-6 12:00
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India: The full scope of what's actually in store for exchanges after 1%TDS
The 30% crypto income tax policy came into effect in India in February 2022. The country’s finance minister Nirmala Sitharaman described the tax law as another step toward positive crypto regulationThe post India: The full scope of what's actually in store for exchanges after 1%TDS appeared first on AMBCrypto. дальше »
2022-7-5 19:30
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Tax Rates To Cap At 28% As India Calls For Crypto Transaction Tax Meeting
The Indian government has scheduled a panel meeting with its ministers to discuss tax rates within the country, with a potential 28% increase as reported by Bloomberg. The meeting is slated for next week Tuesday and Wednesday. дальше »
2022-6-28 20:04
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Crypto Stories: YouTuber Paco de la India explains his travels using Bitcoin
The Bitcoiner had visited eight different countries out of his goal of forty and was in Africa at the time of Cointelegraph’s interview. дальше »
2022-6-25 00:15
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Laid-Off Workers May Find Home With Wall Street Regulator; Coinbase Still Eying India Expansion
The crypto winter is one of the hardest times with thousands of jobs lost as firms brace themselves for the long night. For those with terminated contracts, there’s a chance to switch sides and become regulators in the industry that they once worked in. дальше »
2022-6-16 20:30
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Chingari unveils the GARI Mining program that rewards creators with crypto
Chingari, often referred to as ‘India’s TikTok’, has hit a major milestone in its evolution as an on-chain social app. The platform, which unveiled its native GARI token in 2021 to kickstart the journey into a major crypto-related project, took another step today with the launch of its GARI Mining program. дальше »
2022-6-15 22:33
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India’s Chief Economic Adviser Says Crypto Without Regulation Is Like ‘A World Of Caribbean Pirates’
The perception of the world of crypto by several regulators stumped by the limited oversight they can have over the markets is often negative, as they view it as a potential tool for shady business and illicit transactions. дальше »
2022-6-13 13:30
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India Maintains 1% Tax-Deducted-At-Source For Crypto Assets
Many industry participants have decried India’s crypto tax regime as too harsh and discouraging innovation. As such, it was unsurprising to see a level of excitement when the country’s Tax Department’s website displayed a 0. дальше »
2022-6-11 00:44
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India Planning To Introduce Comprehensive Guidelines for Crypto Taxes
Following the tax proposals through the Union Budget 2022-23, the Indian government is now planning to issue comprehensive guidelines on various taxes for the crypto sector before July 1. Media reports suggest that the government has asked the Central Board of Direct Taxes (CBDT) to prepare the guidelines. As of now, only the taxation policy […] дальше »
2022-6-10 16:23
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Indian Police Arrest Man For $200,000 Crypto Fraud
Police arrested a person in the Indian metropolitan city of Mumbai for allegedly cheating several people to the tune of INR 1. 55 crore (Appr $199,000) by promising high weekly returns on bitcoin investments, media reports said. дальше »
2022-6-1 21:46
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This is what India's crypto-sector needs more than anything
To overcome regulatory ambiguity, safeguard investors, and develop India's crypto-business, CoinSwitch CEO Ashish Singhal argued on Sunday that the country needs to urgently adopt rules on cryptocurreThe post This is what India's crypto-sector needs more than anything appeared first on AMBCrypto. дальше »
2022-5-24 07:00
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India’s RBI Officials Warn of Dollarization of Economy if Cryptos Are Embraced
Top Reserve Bank of India (RBI) officials have told a parliamentary committee that the adoption of cryptocurrencies can lead to the dollarization of the economy to some extent. It will undermine the central bank’s ability and freedom to effectively implement monetary inputs and interventions. дальше »
2022-5-20 16:43
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Indian Regulators Move to Make Celebrity Endorsement of Crypto Products Tough
The regulatory environment in India is increasingly becoming difficult for the crypto sector. In the latest development, the securities and commodity markets regulator has said that celebrities should stop endorsing crypto products. дальше »
2022-5-20 23:11
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Indian Crypto Sector Likely To Attract 28% GST
Indian tax authorities are planning to put crypto activities in the category of services that attract the highest Goods and Services Tax (GST). According to media reports, the GST council has constituted a committee to study and map different crypto activities such as trading, staking, and wallets for tax purposes. As of now, crypto exchanges […] дальше »
2022-5-10 23:36
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Indian Crypto Firms Consider Moving To The UAE
The UAE’s push to become a leader in blockchain technology has not gone unnoticed as crypto firms are racing to set up shop in the country. Consequently, according to recent reports, Indian crypto firms are also considering the move. дальше »
2022-5-9 17:20
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30% On Crypto Gains Not Enough; India To Tax DeFi Now
The Indian Government now wants to levy additional taxes on crypto by extending it to gains made from Decentralised Finance (DeFi). After the introduction of the 30% tax and 1% tax deducted at source (TDS), the tax department of India shall scrutinise interests earned on cryptocurrencies from platforms outside of India. The government wishes to […] дальше »
2022-5-4 04:00
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Cryptos, governments, and the real reasons why they don't really get along
Cryptocurrency regulations. This has been an extremely contentious topic of debate within the cryptocurrency community across the globe. Why isn't any country bringing about structured crypto-regulThe post Cryptos, governments, and the real reasons why they don't really get along appeared first on AMBCrypto. дальше »
2022-5-1 18:00
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India Encourages Service Providers to Report Breaches Within 6 Hours; Suggests Keeping KYC Records for 5 Years
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. дальше »
2022-4-29 17:50
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Addressing India's not so 'crypto curious anymore' case
Google data revealed the negative influence of the Union Budget on the Indian crypto investors. The last 90 days’ search data has shown a massive dip which makes one question the euphoria surroundinThe post Addressing India's not so 'crypto curious anymore' case appeared first on AMBCrypto. дальше »
2022-4-22 20:30
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India’s CoinDCX Concludes $135 Million Funding at $2.2 Billion Valuation
The latest valuation is double from $1.1 billion in August 2021. Now, CoinDCX is the highest-valued crypto firm in India. With 10 million users, it’s also India’s first crypto unicorn. Indian cryptocurrency exchange CoinDCX on Tuesday closed a $135 million Series D funding round led by Pantera and Steadview. The new investments value the startup […] дальше »
2022-4-20 15:05
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CoinDCX raises $135M in funding towards crypto and Web3 growth
CoinDCX CEO Sumit Gupta said the crypto exchange will use the funds to help…
The post CoinDCX raises $135M in funding towards crypto and Web3 growth appeared first on Coin Journal.
дальше »2022-4-19 15:27
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Indian exchanges moving to P2P: Is it a temporary fix or a permanent solution
Almost a week after cryptocurrency exchanges in India halted all payments, traders in the India started using the peer-to-peer (P2P) payment system for the buying and selling of tokens. P2P payments eThe post Indian exchanges moving to P2P: Is it a temporary fix or a permanent solution appeared first on AMBCrypto. дальше »
2022-4-18 17:00
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