india crypto ban

MUMBAI: Making a strong case for banning cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Monday said they are even worse than Ponzi schemes and threaten the financial sovereignty of a country. Observing that…

New Delhi: The Centre is unlikely to introduce the much-awaited cryptocurrency bill in the upcoming budget session of Parliament as it wants to hold more discussions and build consensus on the regulatory framework. The government also wants…

Mumbai: IndiaTech, an industry association representing consumer internet startups, has written to Finance Minister Nirmala Sitharaman, seeking clarity on crypto taxation in Union Budget 2022-23. IndiaTech represents all the leading…

More than a third of India’s urban dwellers oppose the government’s plan to regulate cryptocurrencies, according to a survey by market researcher YouGov. Those opposed to regulation cited concerns ranging from heavy taxation to a potential…

Hi, its Zaheer. By all accounts, the Government of India will introduce a bill to regulate cryptocurrency in the ongoing winter session of Parliament, but nobody yet knows exactly what’s in it. Will India ban all crypto assets or just a…

It’s been a packed first week of December, following the frenetic news cycle we’ve all been trying to catch up on this year.We’ve been following all the crypto developments since last week when a Lok Sabha bulletin gave way to speculation…

Bengaluru: The central government has no plans to recognise Bitcoin as currency, Finance Minister Nirmala Sitharaman told the Lok Sabha on the first day of the winter session of the Parliament, ahead of the tabling of India’s Cryptocurrency…

India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering as soon as government regulations allow it, according to its co-founder Neeraj Khandelwal. The share sale would be a key vote of confidence for…

New Delhi: The proposal for a central bank digital currency (CBDC) backed by the country’s banking regulator may be included in the upcoming bill to regulate cryptocurrency, a top government official told ET. Terming the Centre’s bill as a…

Mumbai: There has been a dip in new sign-ups on cryptocurrency exchanges, as prospective investors seem to be hedging their bets till regulatory clarity emerges on the asset class. New user sign-ups are a matrix used to value crypto…