India
India’s Central Board Of Direct Tax Report ₹700Cr in Tax From Crypto
Indian CBDT Chairperson Nitin Gupta shared that the government has garnered more than ₹700 crore in tax revenue from crypto trading. Back in August, a…
India Is The World’s Second-Largest Cryptocurrency Market: Report
According to Chainalysis, India has become the world’s second-largest cryptocurrency market. India received approximately $268.9 billion in crypto assets between July 2022 and June 2023.…
Indian Experts Say Upcoming Crypto Laws Will Enable Responsible AI Use
Indian Web3 community anticipates the positive impacts of crypto regulations on AI. The country is on the verge of soliciting public opinion on cryptocurrencies. India’s…
Is India About to See Its First Crypto Regulatory Pronouncement?
India's Finance Minister advocates global cooperation for cryptocurrency regulation. Discussions are underway to establish a unified framework for handling crypto. The minister emphasized key crypto…
Odisha Police Dismantles India STA Crypto Scam, Exposing ₹1,000 Crore Fraud
Odisha police bust a widespread crypto scam, uncovering a staggering ₹1,000 fraud, victimizing individuals across India. Two pivotal players within the scam were taken into…
India’s Central Bank Targets One Million Digital Rupee Users in June
RBI plans to achieve one million digital rupee users by June's end. The digital rupee pilot has gradually been rolled out across India. There is…
Finance Minister of India Calls for Responsible Digital Currency Use
The Finance Minister of India has emphasized the need for proper regulation and government backing in the digital currency market. The Reserve Bank of India…
G20 Nations Unanimous on Urgency to Regulate Crypto: Indian Minister
Indian Finance Minister called for a coordinated global policy response to regulate crypto. Sitharaman made the remarks during a session with G20 finance ministers at…
Hindenburg’s Report Sends Jack Dorsey’s Block into a Tailspin
Hindenburg Research has recently released a report on Jack Dorsey’s Block. The report states that the company's products serve to enable criminal activity rather than…
Crypto Tax Payment Kicks Off in India for NRIs Amid Unclarity
Indian Financial Act to charge a 30% tax on Virtual Digital Assets (VDAs) transfers. The new law will reflect in the crypto assets assessment beginning…
