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Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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India issues clarifications on additional tax on cryptocurrencies

India is set to levy a 1% TDS on crypto transactions, over and above the 30% tax it already levies.…

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Proposal for crypto tax policy will be up for discussion in Indian parliament today

The finance minister of India, Nirmala Sitharaman, will introduce the Finance Bill of 2022 in the L…

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India’s crypto consultation paper is ‘fairly ready’

Speaking at a Finance Ministry event on May 30, Ajay Seth, the Economic Affairs secretary, said tha…

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India ends Winter Session of Parliament with no crypto bill in sight

The Indian Parliament’s Winter Session has drawn to a close with no cryptocurrency bill making it t…

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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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6 mins read

Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India

So far, the legality of cryptocurrencies in India have been more or less grey. The country act…

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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…

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The framework - crypto regulation & India

India’s crypto bill is still in the making, and no one knows what the final draft will look like. I…

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India’s definition of ‘virtual digital assets’ isn’t set in stone

The Indian government announced its plans to tax cryptocurrency transactions at a rate of 30% durin…

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4 mins read

INTERVIEW: The Indian Government is asking experts these questions as it mulls over the crypto bill — and the metaverse isn’t one of them yet

As the Indian government mulls over how to regulate the crypto industry, the metaverse is far from …

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The framework - crypto regulation & India

As the Crypto Bill gets listed on the Winter Session agenda, Indian government confirms that its n…

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3 mins read

India’s crypto bill may take a page out of the new IT rules and ask exchanges to appoint a grievance officer

India’s crypto bill is still a work-in-progress and the final draft is yet to get the Cabinet’s gre…

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India’s crypto bill is reportedly pending approval from Prime Minister Modi as concerns continue to loom

India’s crypto bill is yet to be introduced into the lower house of Parliament, the Lok Sabha, for …

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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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India's crypto bill may reportedly restrict exchange-to-exchange transfers and even launch its own crypto wallet

India is currently in the midst of bringing in new regulations to govern the crypto industry. Accor…

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Experts fear that a 'ban' on crypto in India will only drive investors to the grey market

With an estimated 15 to 20 million crypto investors in India, experts fear a ban on the industry wo…

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Indian government confirms that its new crypto bill is not the same as the old one

“We are in a position where we are close to bringing a bill in Parliament,” she said today, Nove…

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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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CoinDCX clarifies that it has no ‘immediate’ plans to launch an IPO

Indian crypto exchange CoinDCX told Business Insider that it has no ‘immediate’ plans to launch an …