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Indian government will not ban crypto
Regulation News
Indian government will not ban crypto
Regulation News

Breaking: Indian Government Confirms Crypto Regulation Amid Ban Speculations

IndianDespite numerous claims from various sources that India might outrightly ban crypto, the Indian Government has just confirmed otherwise. In fact, before now, there has been an air of anxiety in the Crypto industry as everyone had been eagerly waiting on a positive regulation, only to find out, that the wordings of the crypto bill

Mayowa Adebajo 10 hours ago

IndianDespite numerous claims from various sources that India might outrightly ban crypto, the Indian Government has just confirmed otherwise. In fact, before now, there has been an air of anxiety in the Crypto industry as everyone had been eagerly waiting on a positive regulation, only to find out, that the wordings of the crypto bill

India
Blockchain News
India
Blockchain News

Breaking: India’s First Crypto Unicorn Reveals IPO Plans Post Regulations

India is currently at the center of the crypto world’s attention as the country is set to discuss its cryptocurrency bill in parliament. The bill will be tabled during the ongoing winter session starting today and major crypto platforms hope for a positive outcome. Indian crypto ecosystem has thrived despite the unclarity around regulations which

Prashant Jha November 29, 2021

India is currently at the center of the crypto world’s attention as the country is set to discuss its cryptocurrency bill in parliament. The bill will be tabled during the ongoing winter session starting today and major crypto platforms hope for a positive outcome. Indian crypto ecosystem has thrived despite the unclarity around regulations which

China
Altcoin News
China
Altcoin News

Breaking: Crypto Market Hit With Yet Another Crash, Here’s What Happened

The fearmongering continues to affect the fourth quarter’s crypto bull, this time around because of South Africa’s exclusive warning about a rapidly spreading new coronavirus. With the steep drop in global stock markets and the U.S. stock index futures, cryptocurrencies also bore the burn. According to CoinMarketCap, the OG crypto, Bitcoin fell over 4 percent,

Palak Malhotra November 26, 2021

The fearmongering continues to affect the fourth quarter’s crypto bull, this time around because of South Africa’s exclusive warning about a rapidly spreading new coronavirus. With the steep drop in global stock markets and the U.S. stock index futures, cryptocurrencies also bore the burn. According to CoinMarketCap, the OG crypto, Bitcoin fell over 4 percent,

The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Bitcoin News
The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Bitcoin News

Indian Crypto Bill: Is the Government Set For a “Private” Crypto Ban or Just a FUD?

The much-awaited cryptocurrency bill in India is set to be tabled during the upcoming winter session of the parliament and it has already created a lot of FUD as the first snapshot of the bill went public. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is among the 26 bills scheduled to get

Prashant Jha November 24, 2021

The much-awaited cryptocurrency bill in India is set to be tabled during the upcoming winter session of the parliament and it has already created a lot of FUD as the first snapshot of the bill went public. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is among the 26 bills scheduled to get

The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Bitcoin News
The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Bitcoin News

India to Reportedly Permit Use of Cryptocurrencies as an Asset

India is reportedly working on finalizing the crypto regulations after years of wait and brainstorming. A report from Economic Times suggests that the Indian government would reportedly regulate cryptocurrencies as an asset class such as Gold and Bonds. While this might seem like great progress for a country that was planning to impose a blanket

Prashant Jha November 17, 2021

India is reportedly working on finalizing the crypto regulations after years of wait and brainstorming. A report from Economic Times suggests that the Indian government would reportedly regulate cryptocurrencies as an asset class such as Gold and Bonds. While this might seem like great progress for a country that was planning to impose a blanket

The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Regulation News
The Indian government has set out on a plan to stop all forms of misleading information and promises that are "too good to be true, sources claim
Regulation News

Indian Government Meet To Discuss The Future of Cryptocurrency, But The Public Might Not Be Having It

The Indian government has set out on a plan to stop all forms of misleading information and promises that are “too good to be true, sources claim. The news broke after The Press Trust of India reported that Prime Minister Narendra Modi presided over a meeting with other stakeholders, on the way forward for cryptocurrency

Mayowa Adebajo November 14, 2021

The Indian government has set out on a plan to stop all forms of misleading information and promises that are “too good to be true, sources claim. The news broke after The Press Trust of India reported that Prime Minister Narendra Modi presided over a meeting with other stakeholders, on the way forward for cryptocurrency

Hacker
Bitcoin News
Hacker
Bitcoin News

Breaking: Prime Accused in Indian Bitcoin Scam Claims to Have Hacked Bitfinex Twice!

The prime accused in a massive Bitcoin scandal unearthed in the State of Karnataka, India has made some shocking revelations to the police. In his confession, Srikrishna Ramesh alias Sriki revealed that he was the first person to hack the Hong Kong-based Bitfinex crypto exchange and it was his first significant Bitcoin exchange hack. He

Prashant Jha November 12, 2021

The prime accused in a massive Bitcoin scandal unearthed in the State of Karnataka, India has made some shocking revelations to the police. In his confession, Srikrishna Ramesh alias Sriki revealed that he was the first person to hack the Hong Kong-based Bitfinex crypto exchange and it was his first significant Bitcoin exchange hack. He

Crypto-India-Paxful
Blockchain News
Crypto-India-Paxful
Blockchain News

Breaking: Indian Central Bank Governor Calls Cryptocurrencies a Very Serious Concern

The Indian Central Bank governor Shaktikanta Das has once again raised alarm on the inclusion of cryptocurrencies in the financial system. Das called cryptocurrencies a very serious concern for the macroeconomics of the nation as well as from a financial stability point of view. The governor is well known for making such statements and has

Prashant Jha November 10, 2021

The Indian Central Bank governor Shaktikanta Das has once again raised alarm on the inclusion of cryptocurrencies in the financial system. Das called cryptocurrencies a very serious concern for the macroeconomics of the nation as well as from a financial stability point of view. The governor is well known for making such statements and has

News
News

Crypto India: Delhi HC issues notice to resume UPI payments on crypto exchange platforms

The latest update for cryptocurrencies in India has brought a ray of hope for the decentralized industry, as the Delhi High Court issued a notice about restarting the Unified Payment Interface (UPI) services on crypto exchange platforms. The notice was written to the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), State

Palak Malhotra October 28, 2021

The latest update for cryptocurrencies in India has brought a ray of hope for the decentralized industry, as the Delhi High Court issued a notice about restarting the Unified Payment Interface (UPI) services on crypto exchange platforms. The notice was written to the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), State

India
Uncategorized
India
Uncategorized

Chainalysis Report: India tops the Global Crypto Index in virtual currency usage

The latest virtual currency adoption report by blockchain-based analysis firm, Chainalysis noted that India is among the top three countries with the most cryptocurrency usage according to the Global Crypto Adoption Index. The report stated that the Central and Southern Asia and Oceania (CSAO) region has risen as the dark horse of crypto adoption, with

Palak Malhotra October 5, 2021

The latest virtual currency adoption report by blockchain-based analysis firm, Chainalysis noted that India is among the top three countries with the most cryptocurrency usage according to the Global Crypto Adoption Index. The report stated that the Central and Southern Asia and Oceania (CSAO) region has risen as the dark horse of crypto adoption, with

India
News
India
News

Breaking: Indian Government Favors Taxing Cryptocurrency Over Ban

The Indian cryptocurrency ecosystem breathed a sigh of relief on Monday, as an ET report claimed that the government authorities might tax crypto transactions and exchanges in the near future. Insider sources told the publication that the tax department favors taxation instead of an outright ban. However, the taxation of crypto assets won’t make it

Prashant Jha September 13, 2021

The Indian cryptocurrency ecosystem breathed a sigh of relief on Monday, as an ET report claimed that the government authorities might tax crypto transactions and exchanges in the near future. Insider sources told the publication that the tax department favors taxation instead of an outright ban. However, the taxation of crypto assets won’t make it

News
News

ED issues ‘crypto withdrawals’ Notice Against WazirX; Why it is critical for Indian ecosystem?

Indian regulatory watchdog Enforcement Directorate (ED) issued a notice against India’s largest crypto exchange WazirX asking them why withdrawals from the crypto wallet are not a violation of India’s Foreign Exchange Management Act (FEMA), as per a report in ET. The notice from the financial watchdog comes at a crucial juncture in terms of crypto

Prashant Jha July 19, 2021

Indian regulatory watchdog Enforcement Directorate (ED) issued a notice against India’s largest crypto exchange WazirX asking them why withdrawals from the crypto wallet are not a violation of India’s Foreign Exchange Management Act (FEMA), as per a report in ET. The notice from the financial watchdog comes at a crucial juncture in terms of crypto

News
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

Palak Malhotra July 14, 2021

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

News
News

Indian Finance Minister Says Cabinet Note Ready on Crypto Bill

Nirmala Sitharaman, the Indian finance minister in her latest interview gave an insight into the long-pending crypto bill. She revealed the cabinet note for the crypto bill is ready and has been prepared after taking inputs from the stakeholders of the industry. The Indian crypto bill was listed during the last budget session of the

Prashant Jha July 5, 2021

Nirmala Sitharaman, the Indian finance minister in her latest interview gave an insight into the long-pending crypto bill. She revealed the cabinet note for the crypto bill is ready and has been prepared after taking inputs from the stakeholders of the industry. The Indian crypto bill was listed during the last budget session of the

Cryptocurrency Investors to Receive Tax Notice
News
Cryptocurrency Investors to Receive Tax Notice
News

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

Prashant Jha July 2, 2021

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
News
India
News

All Eyes On Indian Crypto Bill as Monsoon Session Starts on July 19

The monsoon session for the Indian parliament is scheduled to begin on July 19 and commence by the second week of August. Among various agendas and bills up for discussion, the crypto communities have their eye set on the Crypto bill. The excitement is higher this time around since inside reports have suggested a positive

Prashant Jha July 1, 2021

The monsoon session for the Indian parliament is scheduled to begin on July 19 and commence by the second week of August. Among various agendas and bills up for discussion, the crypto communities have their eye set on the Crypto bill. The excitement is higher this time around since inside reports have suggested a positive

News
News

Breaking: Twitter Faces Criminal Liabilities for Third Party Content In India

Twitter has lost its intermediary status in India for failing to comply with the latest IT regulations that came into effect on May 25. The intermediary status offered a legal shield to social media platforms that protected them from persecution over content posted on the platform. This would also mean the social media platform would

Prashant Jha June 16, 2021

Twitter has lost its intermediary status in India for failing to comply with the latest IT regulations that came into effect on May 25. The intermediary status offered a legal shield to social media platforms that protected them from persecution over content posted on the platform. This would also mean the social media platform would

News
News

Indian Crypto Exchange WazirX at the Center of an Alleged $38M Money Laundering Investigation

WazirX, the top crypto India exchange is at the center of a $38 million money-laundering investigation with a Binance connection. The Enforcement Directorate, a financial watchdog in India today allegedly issued a show-cause notice to the Indian crypto exchange WazirX regarding an ongoing money-laundering investigation into an illegal Chinese betting app. ED in its official

Prashant Jha June 11, 2021

WazirX, the top crypto India exchange is at the center of a $38 million money-laundering investigation with a Binance connection. The Enforcement Directorate, a financial watchdog in India today allegedly issued a show-cause notice to the Indian crypto exchange WazirX regarding an ongoing money-laundering investigation into an illegal Chinese betting app. ED in its official

News
News

Breaking: Indian Crypto Exchange Faces Alleged Investigation Over Money Laundering Charges

The Enforcement Directorate (ED), an economic intelligence agency responsible for enforcing economic laws in India allegedly issued a show-cause notice to crypto exchange Wazirx along with its directors today, over crypto transactions amounting to Rs 2,790.74 crore ($38.18 million). ED has issued Show Cause Notice to WazirX Crypto-currency Exchange for contravention of FEMA, 1999 for

Prashant Jha June 11, 2021

The Enforcement Directorate (ED), an economic intelligence agency responsible for enforcing economic laws in India allegedly issued a show-cause notice to crypto exchange Wazirx along with its directors today, over crypto transactions amounting to Rs 2,790.74 crore ($38.18 million). ED has issued Show Cause Notice to WazirX Crypto-currency Exchange for contravention of FEMA, 1999 for

Blockchain News
Blockchain News

GPU chips in India Selling at 2X, Are Crypto Miners to blame?

The Indian gaming market is suffering from a GPU shortage as newly launched Nvidia GPUs are selling at 2X the original price. For example, Nvidia 3070 GPU is priced at INR 45K but the partner cards are being sold at INR 90k and more. The shortage is being attributed to silicon scarcity and hoarding by

Prashant Jha June 7, 2021

The Indian gaming market is suffering from a GPU shortage as newly launched Nvidia GPUs are selling at 2X the original price. For example, Nvidia 3070 GPU is priced at INR 45K but the partner cards are being sold at INR 90k and more. The shortage is being attributed to silicon scarcity and hoarding by