Indians Invested Over $200 Billion in Crypto Assets Over the Past Year

2021-6-28 13:00

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More origin »

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Источник: btcmanager.com

crypto indians → Результатов: 19

Indians Invested Over $40 Billion in Crypto Assets Over the Past Year

2021-6-28 13:00	India
crypto indians steadily starting drip toward slowly

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Indians Invested $40Bn in Crypto This Past Year, Up from $200M- Report

Over 15 million investors, with most of them between 18-34 years, are exposed to… The post Indians Invested $40Bn in Crypto This Past Year, Up from $200M- Report appeared first on Coin Journal.

2021-6-28 12:59	Cryptocurrency
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Three Indians got arrested for buying LSD using Bitcoin on Darknet, State Police says the drugs are worth 135,000 USD

Darknet entity activity on Bitcoin blockchain is always trending upwards due to the rise in popularity of the crypto space and some of these bad actors are leveraging it to buy drugs like LSD (Lysergic Acid Diethylamide).

2021-6-28 19:14	featured
darknet drugs lsd bitcoin rise space these

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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More

2021-6-23 08:30	India
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Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’

Bitcoin (BTC) and other cryptocurrencies bought from exchanges outside the country could cost Indian investors additional tax, while the tax department is looking into whether crypto falls subject to the 2% equalization levy, reported the Economic Times.

2021-6-23 07:00	BTC
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Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians

Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin.

2021-3-24 10:58	Gold
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Binance CEO Backs Indians in their Quest to Revive Crypto Usage in the Country

The founder of leading cryptocurrency exchange Binance has spoken against the cryptocurrency ban soon to be enforced by the Indian government. While speaking to a local news outlet, Changpeng Zhao explains that making cryptocurrencies illegal to hold will place a limitation on Indian residents, as the asset itself is licit.

2021-3-18 14:21	India
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India's crypto ban: How alarmed should Indians Bitcoin traders be?

The Indian cryptocurrency scene is currently waiting on an imminent Crypto Bill, which may define the future of digital assets in the country. The situation is vastly different from 2019 as the currenThe post India's crypto ban: How alarmed should Indians Bitcoin traders be? appeared first on AMBCrypto.

2021-2-8 19:00	India
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Most Indians Find Lack of Crypto Awareness, Knowledge Biggest Barriers to Entry, Says Survey

Lack of knowledge and awareness continues to be an entry-barrier for Indians looking to venture into crypto. Indian Crypto Exchange Conducts Survey to Gather Insights One of the leading Indian cryptocurrency exchanges, CoinDCX recently conducted a survey trying to gauge the stance towards cryptocurrencies in the country.

2020-11-27 16:00	Survey
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India: Can Bitcoin emerge as the go-to asset for young Indians?

Being radically different didn't always help cryptocurrencies. However, in countries such as India, technological innovations like crypto and blockchain have great potential and can provide immense beThe post India: Can Bitcoin emerge as the go-to asset for young Indians? appeared first on AMBCrypto.

2020-3-26 15:00	India
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How India Could Skyrocket Crypto Prices

Following the ruling by the supreme court in India that upturned the Reserve Bank of India (RBI) ban on cryptocurrency trading, high hope has returned to the cryptocurrency space. Prices of cryptocurrencies are already showing positive signs of the impact of the several million Indians getting back online as crypto exchanges resume trading with commercial […]

2020-3-8 21:16	India
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India’s Proposed Crypto Ban Could Maroon Investors from Cashing $100 Million+

Besides preventing citizens and residents of India from participating in the crypto markets going forward, the proposed crypto ban by the Indian government could also negatively impact investors who have already put their money in digital assets.

2019-7-25 13:08
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Indian Police tightens its saddle to fight crypto scams by educating its officers in 2-day course

With no regulatory clarity surrounding cryptocurrencies, rumors have been circulating that the Indian government might end up banning crypto. A lot of people expected any sort of mention of cryptocurrencies in the recent annual budget meeting but were left disappointed.

2019-7-8 13:30	News
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India’s Crypto saga: Why Indians can’t buy cryptos

Cryptocurrencies are facing a tough time in India as there are rumors of a probable ban under the Prevention of Money Laundering Act [PMLA]. The strong crypto community in the country who owns and uses crypto are wary of this progress, and how it would impact them.

2019-5-2 18:30	News
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Indians Lost $2.3 Billion in Remittance Payments in 2018; Can Bitcoin Help with Near-Zero Fees?

According to The Times of India, money transfers cost citizens and non-residents over $2. 3 billion in fees last year for clearing payments into India, the world’s biggest market for inward remittance.

2019-2-12 11:55	India
remittance fees indians bitcoin payments billion year

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Indian Crypto Exchange Reports Record Trading Volumes Amid Regulatory Uncertainty

Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange says that it is seeing record trading volumes every month. The CEO of Wazirx told news.

2018-12-26 06:01	Wazirx
indian trading crypto regulatory uncertainty volumes record

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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading

Trading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.

2018-10-21 02:05	Wazirx
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Indians Use Creative Means to Trade Bitcoin Amid RBI Ban

Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency.

2018-8-3 05:15	Virtual Currency
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Indian Women More Bullish On Crypto than Men, Invest Twice As Much

Despite being a minority among crypto investors, just like anywhere else, women in India actually spend on cryptocurrency twice more than men do. A newly released survey also found that the majority of Indian crypto users live in big cities like Delhi, Mumbai, and Bangalore.

2018-6-29 20:55
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Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated

Hawala networks and crypto transactions have emerged as part of a complex money laundering plot that the income tax authorities in Jaipur have uncovered.

India risks losing $2b in tax revenue as crypto traders shift to offshore platforms: report

India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report. The December report from Indian technology think tank…

India’s chief economic advisor calls for regulation that doesn’t hinder crypto innovation

India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V.

Jetking Infotrain becomes first Indian public company to hoard Bitcoin

Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2…

Philippines finishes wholesale CBDC trial, eyes 24/7 fund transfers

The insights from the trial will be used to create a CBDC roadmap.

Binance tops list of 17 crypto entities probed for tax evasion in India

Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance by cryptocurrency exchanges, Minister of State for Finance Pankaj Chaudhary…

India plans partnerships with neighbors to expand cross-border payment system; UAE talks underway

India is strengthening regional ties to build a cross-border payments system

2021-6-28 13:00

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