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6 mins read

India’s digital currency to be launched in FY23 to be cost effective, transparent and secure

The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…

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3 mins read

India has no plans to recognise Bitcoin as a currency, says country's Finance Minister Nirmala Sitharaman

Whether the government has any proposal to recognise Bitcoin as a currency in the country, the…

PTI   


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3 mins read

It is not a good idea to compare crypto with gold — here is why

“The bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by …

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2 mins read

Chingari raises $19 million in crypto tokens to launch its own crypto token

Short video app Chingari — which has over 78 million downloads — has raised $19 million in crypto t…

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2 mins read

RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman

The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…

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3 mins read

World’s largest Bitcoin mining rig seller isn’t taking any new orders for foreseeable future

The Chinese company is the largest Bitcoin mining rig maker in the world, and has stopped spot d…

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2 mins read

G7 leaders favour CBDCs provided they ‘support and do no harm’ to central banks

Just because fiat currencies, like the US dollar or the pound, would be issued digitally does no…

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3 mins read

After El Salvador, Paraguay considers Bitcoin adoption

According to Coindesk, the Congressman has followed Bitcoin since 2017 and had also started tr…

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2 mins read

4 out of 5 traders go slow on cryptocurrency investments after new crypto tax – WazirX

Four in five traders have slowed down their investments in cryptocurrency since the implementation …

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2 mins read

Myanmar's shadow government defies central bank by accepting Tether as official currency

Myanmar’s National Unity Government (NUG) is reportedly looking to raise funds for its ‘revolution’…

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3 mins read

Infosys co-founder Nandan Nilekani wants crypto in India to be treated as an asset class but not a currency

Nilekani is often credited for kickstarting the IT boom in India and creating an industry un…

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2 mins read

Roughly half the world's central banks are 'at some stage' of exploring their own digital currencies, IMF says

Around half the world's central banks are at "some stage" of looking into creating their own digita…

Camomile Shumba   


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4 mins read

Inadvisable shortcut, a step too far, and dire consequences — the IMF warns countries against using Bitcoin as a national currency

The IMF termed El Salvador's take on Bitcoin as a ‘shortcut’. According to the fund, Bitco…

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2 mins read

A crypto 'fear and greed' indicator shows investors haven't been this worried in a year as bitcoin and other major digital assets are crashing

"An extremely fearful market like this has historically presented solid buying opportunities during…

Shalini Nagarajan   


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2 mins read

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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3 mins read

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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5 mins read

Crypto ads in India will need come with a ‘high risk’ disclaimer from April 1

The Advertising Standards Council of India (ASCI) has set new guidelines for crypto ads in the coun…

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2 mins read

India is working on crypto classification under GST law

The government is working on classification of cryptocurrency as goods or services under the GST la…

PTI   


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2 mins read

Cryptocurrency could be used for money laundering and terror funding, says Indian finance minister

Finance Minister Nirmala Sitharaman on Tuesday made a strong case for regulating cryprocurrencies a…

PTI   


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4 mins read

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…