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3 mins read
India is trying to regulate cryptocurrencies — but not everyone is on board, including the RBI governor
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, isn’t a fan…
4 mins read
Income tax return form will have a whole new column just for crypto next year
The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such tran…
PTI
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
3 mins read
IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order
IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…
3 mins read
RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’
RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …
2 mins read
Users not able to deposit money on Indian crypto exchanges right now, as banks get cold feet
“If you make any INR deposit via IMPS/NEFT/RTGS to our PayTM Bank account after 11:59 p.m IST,…
1 min read
Cryptocurrencies equivalent to gambling: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…
4 mins read
Indians are holding on to their cryptos, amidst all the uncertainty — here is why
Despite uncertainties around regulations and the legality of cryptocurrency in India, enthusiasts c…
1 min read
India's central bank is urging lenders to cut ties with cryptocurrency exchanges and traders, report says
"No one wants to go against the regulator," a source told Reuters about India's central bank asking…
Carla Mozée
4 mins read
India finally explains its problem with private cryptocurrencies and why it is coming up with its own CBDC
“Usually, certainly for the most popular ones now, they do not represent any person’s debt…
3 mins read
HDFC Bank withdraws letter on crypto transactions after RBI clarifies that its 2018 circular is no longer valid
India’s cryptocurrency regulations have been unclear, to say the least. The issues began…
3 mins read
What you need to know about Facebook’s Diem cryptocurrency
On May 12, the Diem Association announced plans to launch a stablecoin backed by the US dollar. …
2 mins read
RBI reiterates its 2018 cryptocurrency circular not valid – crypto wallet deposits could resume soon
The Reserve Bank of India (RBI) has issued a circular to banks and other regulated entities clarify…
2 mins read
India’s crypto exchanges are reportedly mulling the legal route again — may approach the Supreme Court over RBI’s directive
But adding banking partners is easier said than done. At the moment, with the lack of any …
2 mins read
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
3 mins read
Cryptocurrencies fight to survive in India even as RBI claims there’s no ‘ban’
The Reserve Bank of India (RBI) may not have the authority to ban cryptocurrencies if they are a fo…
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
2 mins read
Kazakhstan's new rules require crypto miners to make disclosures before starting operations
They will also be required to submit technical specifications of how they connect to the power…
5 mins read
India’s crypto tax will either send traders underground or back to stock markets, say experts
India’s 30% crypto tax could push traders to find new and innovative ways to bypass paying the taxm…
2 mins read
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…