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India’s crypto taxes may reportedly spell bad news for DeFi firms

This should be a point of relief for gaming platforms and fintech firms, which were worried ab…

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India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST

The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…

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3 mins read

RBI gets set to float it's digital currency -- check details here

​​​The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…

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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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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…

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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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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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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…

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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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India to take a considerate decision on regulation around cryptocurrency: Nirmala Sitharaman

The minister clarified that the government is open to promote innovation and well-grounded progress…

PTI   


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Indonesia plans to tax crypto from May – government to levy VAT and 0.1% tax on income from crypto trade

Indonesia will levy a 0.1% tax on income from crypto trading and a 0.1% VAT as well. Indonesia’s ta…

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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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3 mins read

CoinDCX’s users grow 60-fold in just one year amid India’s crypto boom

CoinDCX hit the milestone of 1 crore users in February, growth of over 60 times within the span of …

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4 mins read

Crypto exchanges in Europe may have to store all transactional data as regulators set up a new anti-money laundering watchdog

The crypto industry has been around for quite some time, but governments are still wondering -- how…

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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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4 mins read

From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…

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3 mins read

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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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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2 mins read

Spain joins countries like India to keep crypto companies from promising wild returns in ads

The aim, said the Spanish watchdog, is to ensure that the advertising of the products offers t…