India
India’s Digital Rupee CBDC Pilot Expands to Over 50,000 Testers
India's digital rupee CBDC pilot expands to over 50,000 testers. Rabi Sankar wants the process to happen gradually and slowly. Data obtained from the digital…
G20 Group Takes Up Crypto Regulation; Says Finance Minister
Nirmala Sitharaman told that the G20 Group has been discussing about taking up crypto regulation collectively. She added that the Government of India has been…
Finance Minister and IMF MD Talk about Global Crypto Regulation
Finance Minister Nirmala Sitharaman had a virtual meeting with the IMF MD Kristalina Georgieva. They conversed about the need for a globally coordinated approach to…
India Needs More Time to Clarify Crypto GST Regulation
The CBIC is yet to conclude how to classify certain areas of crypto transactions. Transactions between parties outside of crypto exchanges and crypto mining are…
India States IMF is Working with G20 for Crypto Regulation plan
Indian EA official Ajay Seth revealed that the IMF is working on a paper focussing on crypto assets in consultation with India. Indian government is…
India Gets Huge CBDC Push With Retail Giant Reliance
India’s largest retail chain Reliance has started accepting the country’s retail CBDC. The Digital Rupee will soon be accepted in 17,000 stores across the country.…
Indian Crypto Community Hopes for Tweaks in Crypto Regulations in 2023
Indian Union Budget 2023-24 will be presented on February 1, 2023, by Finance Minister Nirmala Sitaraman. The crypto community is anxiously awaiting the budget presentation.…
‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar
Indian Minister Rajeev Chandrasekhar addressed the ITech Law International Conference 2023. Chandrasekhar claims cryptocurrencies are harmless if the users adhere to the rules and regulations…
30% Tax Effect: Indian Crypto Exchange Trade Down by $3.8 Billion
As per a study, 30% tax and 1% tax deducted at source caused a loss of over Rs 99.3 trillion of local exchange trade volume.…
India To Explore Crypto And Web3 To Reach Goal Of $5 Trillion Economy
India can fulfill its $5 trillion economy dream by exploring its $1 trillion web3 industry. India is amongst the leading five countries for crypto and…
