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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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1 min read

Crypto currencies have no underlying value, says RBI official

Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…

PTI   


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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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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…

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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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It would be nearly impossible for India to ban cryptocurrencies — here’s why

Jaideep Reddy, a technology lawyer with Nishith Desai Associates (NDA), told Business Insider that …

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3 mins read

Crypto players in India to meet with government today to give inputs on the potential of cryptocurrencies in the country and its impact

Representatives from Indian crypto exchanges like WazirX, Coinswitch Kuber, CoinDCX and others are …

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WazirX got 377 requests from law enforcement agencies in the last 6 months

Indian cryptocurrency exchange, WazirX, received 377 requests for information from law enforcement …

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Good news for crypto adoption — Central African Republic becomes the second country to adopt Bitcoin as legal tender

The Central African Republic has become the second to legalise Bitcoin in the world. Bitcoin will …

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3 mins read

The world's largest crypto exchange is having a hard time convincing regulators with multiple bans piling up

While developing countries are thinking of adopting Bitcoin as a legal tender, following El Salv…

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4 mins read

Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity

Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…

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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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2 mins read

Narendra Modi's Twitter account hacked with Bitcoin post — 'India has officially adopted bitcoin as legal tender'

"The Twitter handle of PM @narendramodi was very briefly compromised. The matter was escalated t…

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3 mins read

Iran is planning to introduce a legal framework for crypto even as Bitcoin mining activity remains restricted

He also warned retail investors to be careful of "unprofessional" businesses currently operating…

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Bitcoin is one signature away from becoming legal in Ukraine and it's not following in El Salvador's footsteps

On September 8, the Ukrainian Parliament introduced its crypto bill that allows the governme…

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3 mins read

This startup helps you compute your crypto taxes; and 16,000 Indians are waiting in line

India has a new crypto tax regime in place and investors are struggling to understand its implicati…

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2 mins read

India’s securities regulator says decentralised nature of cryptos makes them harder to regulate

SEBI said that the government could look into a special regulator for cryptocurrencies. SEBI hasn’t…

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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 …

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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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Institutional and retail investors believe that crypto will become mainstream within a decade, according to a new report

Investors are betting on emerging markets being drawn to blockchain technology with the promise of …