India

Coverage of taxation, regulation, Web3 startups, and national digital payments shaping India’s crypto scene.

Indians to face additional 28% tax on crypto

India’s Goods and Service Tax (GST) Council considers bracketing crypto investments in the same category as lottery, casinos, racecourses, and betting.

4 years ago

Banking

Indian banks seek NPCI’s guidance on using UPI for crypto transactions

The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.

4 years ago

Technology

Gari DAO taps Chainlink Price Feeds to bring smart contract functionality to Chingari

Chinagari’s integration of Chainlink Price Feeds seeks to empower creators and digital artists worldwide by offering accurate and transparent price data.

4 years ago

Crime

India’s Finance Minister says crypto could be used for illicit activities

Sitharaman believes the only way to curb the use of crypto in money laundering and terrorist financing is to regulate the space using technology.

4 years ago

Major crypto exchanges in India stop deposits amidst regulatory uncertainty

Regulation

Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty

India's payment system operator, revealed that it did not know that crypto exchanges were using its services for their operations.

4 years ago

India's crypto trading volume plunges sharply on account of new tax rules

Adoption

India’s crypto trading volume plunges as new tax rules take effect

Crypto trading volumes soared on March 31 as crypto holders scrambled to close any open positions before the new tax regime took effect on April 1.

4 years ago

Exchanges

Coinbase India debut in doubt following confusion with payment provider

A branch of the Reserve Bank of India refused to accept Coinbase as a trading partner, leaving the firm stuck.

4 years ago

Analysis

Bitcoin drops below $44k as crypto follows stock market sell off

Continued global unrest may be a crucial factor in a sell-off affecting both stocks and crypto as the chance of Russia defaulting rises to 99%

4 years ago

Taxes

Trading volume drops as 30% capital gains tax on crypto goes into effect in India

Crypto stakeholders are predicting that the 1% tax on every transaction will affect liquidity within the sector.

4 years ago

Adoption

Coinbase unveils its aggressive Indian expansion strategy

Tapping into India's software talent to fuel a global expansion.

4 years ago

Regulation

Former Indian chief minister likens crypto to gambling, calls for higher taxation

An ex-chief minister of India is urging the government to make crypto taxation even stricter to further discourage people from participating in the industry.

4 years ago

Metaverse

Amazon India tweets Decentraland, OnePlus partnership teaser

Amazon India tweeted that "something new is on the horizon" with Decentraland.

4 years ago