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Traders Perplexed As Top Indian Crypto Exchanges Disable Fiat Deposits
The development comes in the wake of the denial of instant payment service UPI by NPCI. Exchanges are also witnessing a sharp fall in transaction volume after crypto taxes became effective. Sources claim exchanges are in talks with the government, pushing for a clear regulatory environment. дальше »
2022-4-15 18:00
Indian Lawmaker Calls For Higher Taxes On The Crypto Market
A member of India's upper parliamentary house and the country's ruling party has called for more harsh measures on the crypto industry following the new tax laws. The legislator believes the government must dissuade people from engaging the nascent market. дальше »
2022-4-11 16:48
Panic Selling Grips India’s Crypto Market Following New Tax Laws
Multiple reports show weighty selling and drop in trading volumes across major exchanges in India. It follows the recent enforcement of the country's new crypto tax rules. дальше »
2022-4-10 19:29
Coinbase to Hire Over 1000 People in India This Year: Armstrong
The company is hosting an event in Bangalore to discuss the future of crypto and web3 in India. Coinbase Ventures in partnership with Buidlers Tribe is separately hosting a startup pitch. These events will bring together startup founders, students, entrepreneurs, and special guests. дальше »
2022-4-7 00:58
Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India
The new crypto tax regime in India has finally gone into effect, and it appears to be affecting the trading volume in the country. The post Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India appeared first on CryptoSlate. дальше »
2022-4-5 08:00
Coinbase unveils its aggressive Indian expansion strategy
Coinbase unveiled that it will be significantly expanding its presence in India, growing both its employees and investments in the country. The post Coinbase unveils its aggressive Indian expansion strategy appeared first on CryptoSlate. дальше »
2022-4-5 02:00
Public outcry grows louder than ever as India's 30% 'crypto tax' comes into effect
As people all around the world pull April Fool's pranks on one another, countless Indian crypto investors and entrepreneurs are hoping the Indian government is playing one on them. However, that doesnThe post Public outcry grows louder than ever as India's 30% 'crypto tax' comes into effect appeared first on AMBCrypto. дальше »
2022-4-1 18:00
India’s crypto tax policy takes effect on 1 April: Here’s a brief recap
In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective… The post India’s crypto tax policy takes effect on 1 April: Here’s a brief recap appeared first on Coin Journal. дальше »
2022-4-1 21:10
Crypto Taxation Rules on Deductibles Unfortunate For Indian Industry, Says WazirX Founder
India crypto taxation rules in the proposed Finance Bill 2022 will only make things harder and curtail the industry unless they are changed, according to the founder of WazirX crypto exchange Nischal Shetty. дальше »
2022-3-22 16:56
India Government Working On Classification of Cryptocurrency as Goods or Services Under the GST Law
In the latest development update, Input-Output Global (IOG) — the lead research and development arm behind smart contract cryptocurrency Cardano — has shared interesting proposals its currently working on, including one that would introduce... дальше »
2022-3-22 00:18
India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch
India’s proposed crypto taxation law will take effect on 1 April this year. Ashish… The post India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch appeared first on Coin Journal. дальше »
2022-3-22 21:47
CoinDCX is the latest exchange to list India’s first social token GARI
The listing is a leap towards financially empowering creators, Chingari CEO said India’s first… The post CoinDCX is the latest exchange to list India’s first social token GARI appeared first on Coin Journal. дальше »
2022-3-2 17:48
India’s Advertising Council Wants Ads To Explicitly State That Crypto Is Risky
Billy Markus, Dogecoin’s founder, took to Twitter to air his frustration with the meme coin spam advertising done on his threads. In the Twitter rant, the programmer gave his definition of what a true meme coin was supposed to be. дальше »
2022-2-27 16:08
India: Fleeing cryptocurrency companies reveal a worrying tale of regulation
As the global cryptocurrency market is growing further each day, governments around the world are working harder to bring the industry under a regulatory regime. While some countries have managed to eThe post India: Fleeing cryptocurrency companies reveal a worrying tale of regulation appeared first on AMBCrypto. дальше »
2022-2-24 17:30
India’s Advertising Watchdog Outlines New Promotional Guidelines For Crypto
The Advertising Standards Council of India (ASCI) has published a new set of guidelines that seek to check advertisement and promotional activities associated with cryptocurrencies and NFTs. According to The Economic Times, introducing the 12 guidelines on Wednesday, the self-governing body stated that all ads relating to the crypto-verse will be required to display a […] дальше »
2022-2-23 20:38
India: Despite tax 'legitimacy', here's why a 'crypto ban' is still not off the table
Soon after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, Economic affairs secretary Ajay Seth has said that even a ban is still not off the tThe post India: Despite tax 'legitimacy', here's why a 'crypto ban' is still not off the table appeared first on AMBCrypto. дальше »
2022-2-4 13:30
India sees spike in crypto exchange sign-ups, but could it be premature
It's been a time of celebration for India since the annual Budget announcement brought some clarity to the status of crypto in the country. This came after months of bated breath and fears of a blankThe post India sees spike in crypto exchange sign-ups, but could it be premature appeared first on AMBCrypto. дальше »
2022-2-3 16:30
Indians sign petition to #ReduceCryptoTax as budget bogs down investors
Many crypto investors, entrepreneurs, and traders cheered as India's Budget finally solved the mystery of how digital assets - such as crypto - would be taxed. However, it's a mistake to assume that The post Indians sign petition to #ReduceCryptoTax as budget bogs down investors appeared first on AMBCrypto. дальше »
2022-2-3 15:30
Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says
India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs… The post Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says appeared first on Coin Journal. дальше »
2022-2-3 17:37
India's 30% crypto-tax proposal - Can't tax something 'illegal'... or can it?
Hours after the Indian government's announcement to bring the transfer of digital assets into the 30% tax bracket, the industry seems to be divided on its implications. Investor Rakesh JhunjhunwalaThe post India's 30% crypto-tax proposal - Can't tax something 'illegal'... or can it? appeared first on AMBCrypto. дальше »
2022-2-1 18:00
India to impose 30% tax on crypto income, CBDC in 2022-2023
The 30% tax is the highest income tax bracket in India India will also…
The post India to impose 30% tax on crypto income, CBDC in 2022-2023 appeared first on Coin Journal.
дальше »2022-2-2 15:24
A 30% Tax-On-Gain Likely For All Cryptocurrencies As India Prepares To Launch Digital Rupee
India is set to launch its digital rupee in 2022, making it the tenth country to venture into CBDCs. The disclosure, which was included in its 2022 Union Budget, was made known by Nirmala Sitharaman, the country’s finance minister. дальше »
2022-2-1 13:07
Breaking | India: Transfer of digital assets to attract 30% tax
Finance Minister Nirmala Sitharaman has unveiled the Indian Budget today for 2022-23 with two major announcements around cryptocurrencies. The FM has proposed a taxation rate of 30% on any income aThe post Breaking | India: Transfer of digital assets to attract 30% tax appeared first on AMBCrypto. дальше »
2022-2-1 10:30
India: Legal experts divided on pre-budget crypto-wishlist ahead of Union Budget
Previous reports have clarified that it is unlikely that a comprehensive crypto-bill will be introduced in the Parliament for the upcoming Budget Session on 1 February. However, the crypto-industryThe post India: Legal experts divided on pre-budget crypto-wishlist ahead of Union Budget appeared first on AMBCrypto. дальше »
2022-1-31 11:30
India: Crypto-bill unlikely to make it to Parliament's Budget session
While the crypto-industry in India is hopeful about regulatory clarity when Budget 2022 comes around, local media reports say it is unlikely that the bill will be introduced on 1 February. AMBCryThe post India: Crypto-bill unlikely to make it to Parliament's Budget session appeared first on AMBCrypto. дальше »
2022-1-24 11:00
Report: Indians maintain a cautious outlook as crypto markets witness a bloodbath
The global cryptocurrency market cap on 22 January went down by a massive 13.5% in the last 24 hours, to settle at around $1.6 trillion. Needless to say the tumble follows the year when the market witThe post Report: Indians maintain a cautious outlook as crypto markets witness a bloodbath appeared first on AMBCrypto. дальше »
2022-1-22 13:45
India: Crypto industry players hope for regulatory clarity in Budget 2022
After 2022 started with tax raids on crypto businesses in India, industry players are pushing for a bill in the upcoming Budget session. The session is scheduled for 1 February for the financial year The post India: Crypto industry players hope for regulatory clarity in Budget 2022 appeared first on AMBCrypto. дальше »
2022-1-20 14:00
India: Calls for crypto regulations intensify ahead of Budget Session 2022
India's digital payment system and financial services company, Paytm, had previously stated that it might dive into crypto once the regulatory environment becomes favorable. Now, with the Indian BudgThe post India: Calls for crypto regulations intensify ahead of Budget Session 2022 appeared first on AMBCrypto. дальше »
2022-1-15 22:30
Will Indian investors have to pay 42% income tax on their crypto assets
In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn't mean the government has shelved its plans to regulate the iThe post Will Indian investors have to pay 42% income tax on their crypto assets appeared first on AMBCrypto. дальше »
2022-1-13 17:00
Green and gold: The crypto projects saving the planet
While the world argued about the ethics of crypto, these projects changed the world for the better during 2021.
дальше »2022-1-12 17:17
India: Tech startup association writes to Finance Minister seeking crypto tax clarity
As India is bracing for the Union Budget 2022-23, an industry association called IndiaTech has written to Finance Minister Nirmala Sitharaman. The association that represents internet start-ups, inThe post India: Tech startup association writes to Finance Minister seeking crypto tax clarity appeared first on AMBCrypto. дальше »
2022-1-7 18:00
Cion Digital secures funds to expand blockchain orchestration platform
The company raised $12 million in seed capital to further its crypto-based financing solutions.
дальше »2022-1-5 00:44
'No intention to evade tax,' India crypto exchange WazirX responds to ongoing investigation
Major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion. However, Zanmai Labs' WazirX had recently come under fire for alleged evasion of 400 milliThe post 'No intention to evade tax,' India crypto exchange WazirX responds to ongoing investigation appeared first on AMBCrypto. дальше »
2022-1-4 14:00
India: No crypto bill yet, but here are some other updates to watch in 2022
Thousands, if not millions of Indian crypto investors were looking forward to ending 2021 with a crypto regulatory bill on the Parliament table. However, that didn't come true as the government seeminThe post India: No crypto bill yet, but here are some other updates to watch in 2022 appeared first on AMBCrypto. дальше »
2022-1-3 16:30
India: Three institutional handles hacked, renamed to 'Elon Musk' to promote crypto
Less than a month after Twitter account of Prime Minister Narendra Modi was hacked, major institutional handles in India were reportedly renamed "Elon Musk" over the weekend. Following which, sThe post India: Three institutional handles hacked, renamed to 'Elon Musk' to promote crypto appeared first on AMBCrypto. дальше »
2022-1-3 11:30
India: Dull New Year for crypto as platforms to face raids over alleged tax evasion
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. дальше »
2022-1-1 13:30
Report: India's decision to defer the crypto bill is affecting crypto user signups
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. дальше »
2021-12-31 11:30
Burning of SHIB tokens continues as more platforms embrace the volatile meme coin
Steven Cooper, CEO of Bigger Entertainment, tweeted earlier today that his team has burned another 2.5 million SHIB tokens. The development follows his earlier announcement of a live burn party that tThe post Burning of SHIB tokens continues as more platforms embrace the volatile meme coin appeared first on AMBCrypto. дальше »
2021-12-30 18:00
India: Central bank supports CBDC 'in its basic form,' as alternative to cash
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. дальше »
2021-12-28 17:00
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
The year past saw some fundamental transformations in the relationship between state power and the digital asset space.
дальше »2021-12-28 20:15
India police department asks crypto users to be on high alert for crypto fraud
India Police Commissioner Shikha Goel has asked citizens to be cautious when handling their crypto… The post India police department asks crypto users to be on high alert for crypto fraud appeared first on Coin Journal. дальше »
2021-12-27 15:32
'Big 4' firms ask Indian employees to disclose crypto investments to assess risk
While being enticing enough to be increasingly accepted as a mainstream investment, the risks associated with cryptocurrencies continue to define the sector. Recently, the world's Big 4 professional The post 'Big 4' firms ask Indian employees to disclose crypto investments to assess risk appeared first on AMBCrypto. дальше »
2021-12-27 20:30
India police officer discusses crypto crime, warns against using unauthorized private wallets
Crypto crime and cyber crime is on the rise. There's no denying this. Various methods, such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies, are being used by fThe post India police officer discusses crypto crime, warns against using unauthorized private wallets appeared first on AMBCrypto. дальше »
2021-12-26 17:30
India: Crypto-regulations, adoption will come, but can they bridge the digital divide?
Beowulf’s remark, "Do not grieve, wise warrior," in the Old English epic poem seems to be making complete sense in the Indian crypto-context. The Indian Parliament’s Winter Session has drawn toThe post India: Crypto-regulations, adoption will come, but can they bridge the digital divide? appeared first on AMBCrypto. дальше »
2021-12-26 17:00
Crypto ads in India to be self-regulated for now; guidelines to be soon
Local media reports noted that Blockchain and Crypto Assets Council (BACC) in India will include crypto ads as part of its "standardized self-regulation." The development follows deferral of the anThe post Crypto ads in India to be self-regulated for now; guidelines to be soon appeared first on AMBCrypto. дальше »
2021-12-24 11:41
WazirX Report: women prefer Bitcoin while men chose Shiba Inu
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. дальше »
2021-12-16 20:00
India must streamline crypto-promotion rules, but is the Sixth Schedule the solution?
Among a handful of petitions filed to put a full stop to "misleading" crypto-advertising in India, one such plea was filed before the Madras High Court earlier this month. And, that was not it eithThe post India must streamline crypto-promotion rules, but is the Sixth Schedule the solution? appeared first on AMBCrypto. дальше »
2021-12-16 17:00
India: Opposition wants government to clear its position on crypto
The opposition has been asking the Indian government to clear its crypto position after PM Modi's Twitter handle was briefly compromised, and a crypto tweet started making rounds. While the accountThe post India: Opposition wants government to clear its position on crypto appeared first on AMBCrypto. дальше »
2021-12-15 19:30
Indian Government’s Dilemma On Crypto Bill Comes To Fore
· Financial sector regulators such as RBI and SEBI want strict regulations for crypto trade · Industry stakeholders demand a regulatory environment devoid of strict restrictions. · A parliamentary panel had said a few weeks ago that crypto should be regulated, not banned The Indian government seems to be caught in a dilemma over the […] дальше »
2021-12-14 17:22
Polygon's much-anticipated EIP-1559 upgrade live on Mumbai testnet
India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rollThe post Polygon's much-anticipated EIP-1559 upgrade live on Mumbai testnet appeared first on AMBCrypto. дальше »