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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…

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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HDFC Bank withdraws letter on crypto transactions after RBI clarifies that its 2018 circular is no longer valid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…

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4 mins read

Indian banks are reportedly citing a three-year old quashed circular to persuade users against crypto

“To comply with the regulatory guidelines (RBI vide guidelines DBR.No.BP.BC.104 /08.13.102/201…

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Cryptocurrency in India is legal but a pending bill with the government could change things

There’s a still proposed bill pending with the government that could prove tenuous — the Banning…

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Cryptocurrency trading can restart in India after top court removes RBI ban calling it 'unconstitutional'

The Supreme Court of India today (March 4) quashed an order by the Reserve Bank of India (RBI) th…

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Government plans to tax cryptocurrency gains in Budget 2022

The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax ne…

PTI   


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Indian crypto exchanges are setting up their own self-regulation board even as the government mulls over new legislation

The cryptocurrency world has always been about decentralisation, and lack of control is one of its …

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6 mins read

India's stance on cryptocurrencies is evolving as more investors join the bandwagon

The government is gearing up to adopt a more lenient approach towards cryptos and is showing promin…

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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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3 mins read

Indian cryptocurrency players in huddle as government mulls ban

As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…

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Banks in India are reportedly softening their stance on crypto trading

Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…

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India's central bank confirms cryptocurrencies aren't banned - and says its 2018 order barring banks from crypto transactions is no longer valid

"The circular is no longer valid from the date of the Supreme Court judgement, and therefore cannot…

Shalini Nagarajan   


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India wants to ban cryptocurrencies again⁠ — and it’s making the community nervous

According to the report, the cabinet note has been shared with other ministries for their cons…

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Why surging Ether cryptocurrency is next best bet after Bitcoin

According to Rahul Pagidipati, CEO, ZebPay, Ether tends to follow Bitcoin. "Nearly 3 mill…

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Cryptocurrency players welcome SC lifting trading ban

"Crypto needs to be regulated in India, and we are all for it. Tax it and bring in KYC and anti mo…

PTI   


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Will go through SC order on cryptocurrency: FM Sitharaman

Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regu…

PTI   


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3 mins read

Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation

The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …