India
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…
India’s Crypto Revenue Expected to Reach $3.33 Billion in 2023
India’s crypto revenue will reach $3.33 billion by 2023, as per the reports by Statista. The current position of India in crypto adoption is second,…
‘Namaste Web3’ Discusses India’s Potential in Leading Web3 Space
At the Namaste Web3 conference, the political leaders and lawmakers spoke about India’s position in Web3. Dr. Singhvi commented that Web3 would help India achieve…
Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws
Indian Finance Ministry said crypto trading is now subject to money laundering laws. The AML regulation comes after multiple crypto-related scandals. Previously, India imposed a…
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
India’s Finance Minister says, “India views anything that is outside of the Central Bank not as a currency.” “Cryptocurrencies should be regulated as they are…
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
The IMF Chief told that there are disagreements over debt restructuring. Kristalina Georgieva commented that banning private crypto should be considered an option. She also…
