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It would be nearly impossible for India to ban cryptocurrencies — here’s why

Jaideep Reddy, a technology lawyer with Nishith Desai Associates (NDA), told Business Insider that …

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1 min read

As cryptocurrencies became mainstream, these were biggest movements in regulation this year

India’s cryptocurrency bill may still be stuck in a jungle of red tape, but other countries like El…

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Here's what PM Modi discussed in his recent meeting regarding cryptocurrency and its marketing practices

The government strongly feels that crypto platforms shouldn’t use advertising to mislead young peop…

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1 min read

India won't ban private cryptocurrencies, but will regulate them instead: NDTV report

India's government suggested people will get a deadline to put their crypto assets on an exchange o…

Karen Friar   


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The world cannot afford a crypto mania: Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it co…

PTI   


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WazirX got 377 requests from law enforcement agencies in the last 6 months

Indian cryptocurrency exchange, WazirX, received 377 requests for information from law enforcement …

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Crypto players in India to meet with government today to give inputs on the potential of cryptocurrencies in the country and its impact

Representatives from Indian crypto exchanges like WazirX, Coinswitch Kuber, CoinDCX and others are …

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4 mins read

India's crypto bill is unlikely to be up for discussion this month — and it may be a while before we see it in Parliament

India’s uncertainties around cryptocurrencies won’t be going away anytime soon. The Monsoon Session…

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5 mins read

INTERVIEW: Old-school regulatory framework for traditional assets won’t work for cryptocurrencies and blockchain, says CrossTower CEO

CrossTower estimates that the crypto industry can add $1.1 trillion to India’s economy over the nex…

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India’s cryptocurrency bill is going up for discussion in December — but it seems to be beating to same rhythm as 10 months ago

The Indian government plans to put its cryptocurrency bill up for discussion in Parliament during t…

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Indian Penal Code and other laws have provision to protect investors against cryptocurrency fraud, according to Indian Finance Ministry official

The status of cryptocurrency may be uncertain in India but the Indian Penal Code (IPC) and other la…

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5 mins read

India’s crypto bill will still have a few hurdles to clear before becoming a law, even if the Cabinet approves

The Union Cabinet is India’s highest decision-making body. Only the Prime Minister, Narendra Mod…

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2 mins read

Paraguay wants to regulate crypto mining and trading, but its proposed laws are nothing like El Salvador

While the bill is written in Spanish, a rough translation of the document says that the coun…

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4 mins read

Six reasons why India’s central bank believes cryptocurrencies threaten financial stability

The Reserve Bank of India states that private cryptocurrencies pose a threat to financial stability…

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6 mins read

Privacy coins, centralised cryptocurrencies, or being currencies — India is yet to explain what it means by ‘private’ cryptocurrency

Despite all the fear, doubt and uncertainty (FUD) in the air, the Indian government hasn’t actually…

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28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…

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Cryptocurrency in India is legal but a pending bill with the government could change things

There’s a still proposed bill pending with the government that could prove tenuous — the Banning…

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India is working on crypto classification under GST law

The government is working on classification of cryptocurrency as goods or services under the GST la…

PTI   


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4 mins read

From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…

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Taxing cryptocurrencies does not give them legal status, clarifies India’s finance minister

India’s Finance Minister Nirmala Sitharaman clarified in Parliament that taxing cryptocurrencies do…