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India’s Central Bank Doubles Down on Crypto Prohibition as Tax Department Warns of Offshore and P2P Evasion
India's Reserve Bank reiterated a prohibition stance and urged barring banks from crypto, while tax officials flagged the difficulty of tracking beneficial. дальше »
2026-7-9 23:00 | |
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India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co.
India is leaning toward the total prohibition of private cryptocurrencies like Bitcoin and Ethereum in an attempt to regulate risk in its current volatile market. The government said they will have a preference for Central Bank Digital Currencies (CBDC), as they provide all the benefits of private cryptocurrencies, without having the potential for instability or […] дальше »
2024-10-23 02:00 | |
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IMF leans towards crypto regulation over just outlawing it
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), stated that the monetary body prefers regulating crypto assets over a complete prohibition at the recent G20 finance ministers’ meeting in Bengaluru, India. дальше »
2023-2-27 15:49 | |
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RBI Officials Go All Bearish on Crypto in New Call for Prohibition
Coinspeaker RBI Officials Go All Bearish on Crypto in New Call for Prohibition India has been indecisive about whether to ban crypto or not, but it comes off as one of the nations that levy up to 28% tax on proceeds from digital currencies and their underlying trading activities. дальше »
2022-12-21 15:54 | |
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Bitcoin Tops $11,000 Reigniting Interest in India
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges. дальше »
2020-7-30 05:15 | |
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Zebpay CEO: India Bitcoin Ban Fears Unfounded
Zebpay CEO, Ajeet Khurana, says he doesn’t believe India would ban bitcoin despite numerous reports in the media that the government is considering a blanket cryptocurrency prohibition. Meanwhile, Khurana’s Zebpay is set to expand operations into Australia, a country currently experiencing increased cryptocurrency adoption. дальше »
2019-5-9 05:00 | |
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Breaking news: RBI’s cryptocurrency prohibition continues, final arguments on 11th September
The Reserve Bank of India [RBI] petitioned a ban against cryptocurrencies, as to prohibit the banks for conversion of digital currencies to Indian Rupee [INR]. The hearing of lifting or proceeding with the ban was held today. дальше »
2018-7-21 02:25 | |
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Industry players’ sentiment after cryptocurrency ban in India
The Indian cryptocurrency market has been plagued with disappointment ever since the prohibition of INR withdrawals, as per orders of the regulatory body known as the Reserve Bank of India [RBI]. Earlier this month, the Supreme Court of India held a hearing regarding the lifting of the ban in the country. The temporary stay was […] дальше »
2018-7-18 21:49 | |
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Indian Government Not Considering Total Cryptocurrency Prohibition
India is once again in the cryptocurrency news as recent reports indicate the government has no intention of banning virtual currencies. It has always been difficult to get a definitive stance from the government concerning the emerging market. дальше »
2018-7-11 22:05 | |
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Court Says India’s Crypto Trade Bank Account Boycott Will Continue
India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »
2018-7-3 21:52 | |
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