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Indian Budget Provision Allows Government to Define NFTs
A clause in India's 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the future of NFTs in India.
Indian Budget Provision Allows Government to Define NFTs
A clause in India’s 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the future of NFTs in India.
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.
India’s Crypto Industry Has Great Expectations From New Budget
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman is set to present the nation’s budget, which is considered the most important financial day of the year for the world’s largest democracy.
Bitcoin Turns 13, Raising Capital on the Blockchain
Indian tax authorities raid crypto businesses. Bitcoin matures as it becomes a teenager. Raising capital on the blockchain. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
2021: The Year of Crypto Policy and Regulations
From the U.S. infrastructure bill to multiple Capitol Hill hearings on stablecoins, from Turkey banning crypto transactions to China banning crypto mining to India dabbling with tighter regulation, 2021 was a defining regulatory year for the industry.
GlobalBlock CEO: ‘$500K Bitcoin in 5 Years’
GlobalBlock CEO Rufus Round discusses his bullish outlook for bitcoin as he maintains the cryptocurrency could blast beyond $500,000 per coin in the next five years and $75,000 per coin before 2022.
Could India Ban Private Cryptocurrencies?
India’s biggest crypto exchange WazirX registered an annual trading volume of over $43 billion, marking a 1,735% growth over 2020, despite lingering regulatory uncertainty and market volatility in the country.
Delay Likely for India’s Crypto Bill, Crypto’s Landmark Year
Delay likely for India crypto bill. Nexon America to accept crypto for in-game purchases. Crypto caps a landmark year. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
