Indian Crypto Exchanges Seek Tax Clarity From Central Bank
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. Go to Source Powered by WPeMatico
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India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. Go to Source Powered by WPeMatico
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at the supreme court to make its final decision on crypto regulation. Also … Read more
Indian parliamentarians have recently questioned the Minister of State for Finance and Corporate Affairs about the activities of crypto companies Go to Source Powered by WPeMatico
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI). Also read: Bitcoin Legal in India — Exchanges Resume … Read more
These countries have made a dramatic turnaround in their views on crypto Go to Source Powered by WPeMatico
Despite the Supreme Court repealing the RBI crypto ban, India’s crypto industry still faces significant challenges Go to Source Powered by WPeMatico
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their customers. But what about those who prefer to continue … Read more
The Reserve bank of India will seek a review of the Indian Supreme Court’s recent cryptocurrency judgment Go to Source Powered by WPeMatico
According to various crypto pundits, India’s historic judgment will have an extremely positive effect on the global crypto sector as a whole Go to Source Powered by WPeMatico
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan to offer users now that the banking ban has been … Read more