Indian finance minister ignores crypto industry’s budget tax plea
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base. Go to Source
Unocoin
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Indian crypto exchanges prepare ad blitz for festive season
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season. Go to Source Powered by WPeMatico
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. The ban lasted for almost two years. RBI … Read more
RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. Go to Source Powered by WPeMatico
Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown
India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest in Cryptocurrency in India as Lockdown Extends India recently extended its nationwide lockdown by another fortnight due to the coronavirus outbreak. While … Read more
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This follows the landmark ruling by the country’s supreme court which quashed the banking … Read more
Subhash Chandra Garg on the Future of Crypto
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also read: Regulatory Roundup – China Blockchain ETF, New French Crypto Rules, … Read more
Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week
This week in the Hodler’s Digest, crypto donations could soon be open for the Notre Dame restoration, and French instant mashed potato lovers can track their meals on the blockchain Go to Source Powered by WPeMatico
Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling
Indian crypto exchange Unocoin has noted they have let half of their staff go last week in the lead-up to the Supreme Court’s July hearing on the legal status of crypto Go to Source Powered by WPeMatico
Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report
India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also … Read more
