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CoinDCX Becomes First Indian Crypto Exchange to Attain Unicorn Status

CoinDCX, a popular Indian crypto exchange has joined the Unicorn club after their latest funding round. Coingape reported earlier that the exchange was in talks with several investors to raise $120 million. It has raised $90 million in its Series C funding round giving it a valuation of $1.1 billion, making it the first Indian

CoinDCX, a popular Indian crypto exchange has joined the Unicorn club after their latest funding round. Coingape reported earlier that the exchange was in talks with several investors to raise $120 million. It has raised $90 million in its Series C funding round giving it a valuation of $1.1 billion, making it the first Indian

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News

Breaking: Indian High Court calls for “standardized disclaimers’ on crypto advertisements

Delhi High Court has issued a notice on the plea filed against cryptocurrency advertisements in India; the court has asked concerned regulatory bodies to take note of the matter and issue guidelines for standardized disclaimers on the ads in the public interest. The Divisional Bench of Justice DN Patel and Justice Jyoti Singh has notified the

Delhi High Court has issued a notice on the plea filed against cryptocurrency advertisements in India; the court has asked concerned regulatory bodies to take note of the matter and issue guidelines for standardized disclaimers on the ads in the public interest. The Divisional Bench of Justice DN Patel and Justice Jyoti Singh has notified the

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News

Fate of Indian Crypto Bill uncertain: Left out of Monsoon Session of Parliament

It looks like that cabinet note for the Indian cryptocurrency bill will not be tabled in the Monsoon session of the Parliament after it missed the dice to 17 other new bills. This is not the first time that the bill’s movement has been delayed. Earlier in the Budget session of the year, the crypto

It looks like that cabinet note for the Indian cryptocurrency bill will not be tabled in the Monsoon session of the Parliament after it missed the dice to 17 other new bills. This is not the first time that the bill’s movement has been delayed. Earlier in the Budget session of the year, the crypto

India
Bitcoin News
India
Bitcoin News

Crypto Money Laundering Racket Involving Pakistan busted in India

A Chartered Accountant from Gurugram in India, a company secretary and two businessmen were arrested by Madhya Pradesh Police’s cyber crime cell on Tuesday evening. The accused had carried out transactions worth Rs 50 crores (~$6.6 Million) in relation to a racket that involved sending money to Pakistan through cryptocurrency. Yogesh Chaudhary,additional director general of

A Chartered Accountant from Gurugram in India, a company secretary and two businessmen were arrested by Madhya Pradesh Police’s cyber crime cell on Tuesday evening. The accused had carried out transactions worth Rs 50 crores (~$6.6 Million) in relation to a racket that involved sending money to Pakistan through cryptocurrency. Yogesh Chaudhary,additional director general of

Cryptocurrency Investors to Receive Tax Notice
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Cryptocurrency Investors to Receive Tax Notice
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Big Setback For Foreign Crypto Exchanges In India as Gov Plans 18% Additional Taxation

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don’t pay any

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don’t pay any

India
Bitcoin News
India
Bitcoin News

Crypto Investments Rise By 19900% YoY in India To Cross $40 Billion

India has witnessed massive growth in cryptocurrency investments in the last year The country has seen a rise from $200 million to over $40 billion worth of investments in digital currency Bitcoin (BTC) holdings are being viewed as digital gold by the citizens India’s Cryptocurrency Investment Surge Despite strict regulatory measures looming over the digital

India has witnessed massive growth in cryptocurrency investments in the last year The country has seen a rise from $200 million to over $40 billion worth of investments in digital currency Bitcoin (BTC) holdings are being viewed as digital gold by the citizens India’s Cryptocurrency Investment Surge Despite strict regulatory measures looming over the digital

India
Bitcoin News
India
Bitcoin News

India May Classify Bitcoin as an Asset Class: Sources

The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class, reported The Economic Times.  The news comes just a day after El Salvador, a small Central American nation passed a bill to make Bitcoin

The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class, reported The Economic Times.  The news comes just a day after El Salvador, a small Central American nation passed a bill to make Bitcoin