cryptocurrency india

Representations of cryptocurrencies. File. | Photo Credit: Reuters The government has imposed money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets.In a gazette notification,…

Representational file image. | Photo Credit: Reuters A coordinated approach to regulating crypto assets, managing debt vulnerabilities and reorienting global financial institutions have been identified as critical focus areas of the…

Over seven per cent of Indians owned digital currency in the form of cryptocurrency in 2021, according to the United Nations trade and development body UNCTAD, which said the use of cryptocurrencies globally, including…

NEW DELHI: Several income tax proposals, including 30 per cent tax on income from trade in cryptocurrencies will come into effect from Friday. Also, the revised norms for levy of 1 per cent TDS (tax deducted at source) on sale of immovable…

<!-- -->AlphaPoint co-founders Igor Telyatnikov and Vadim Telyatnikov shared views on cryptocurrency trendsEl Salvador created history on September 7 last year, when it became the first country to adopt Bitcoin as a legal tender.…

Union Minister Bhagwat Karad on Saturday said cryptocurrencies are not legal in the country and nothing could be said at present about what could happen in this segment in the future. The Reserve Bank of India and the Union government have…

Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions, and the decision on banning or not banning will be taken based on feedback from…

NEW DELHI: Finance minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions, and the decision on banning or not banning will be taken based on feedback from…

NEW DELHI: The government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling. “They are in a grey area. It’s not illegal to buy and sell…

Finance Minister Nirmala Sitharaman has announced that the Reserve Bank of India (RBI) will launch a central bank digital currency (CBDC). “Introduction of Central Bank Digital Currency (CBDC) will give a big boost to the digital economy.…