Crypto thrives in India despite ‘discouraging’ taxes — Local community
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Go to Source
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Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. Go to Source Powered by WPeMatico
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India continues to slide after the government began taxing crypto income at 30% without … Read more
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house … Read more
Zebpay will join organization proposing regulatory framework for crypto in India
“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry,” said Rameesh Kailasam. Go to Source Powered by WPeMatico
Zebpay is launching a nonfungible token marketplace in India
Crypto exchange Zebpay aims to create an ecosystem for digital collectible fans in India. Go to Source Powered by WPeMatico
Bitcoin-related ads are now streaming on Disney+ in some regions thanks to Zebpay
“Learn about simple, secure Bitcoin,” the ads state. Go to Source Powered by WPeMatico
ZebPay Commissions Chainalysis for Crypto Compliance in India
ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country. 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
