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

Taxes

Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’

The equalization levy could make cryptocurrencies more expensive for Indian users and exchanges.

5 years ago

Regulation

India could soon classify Bitcoin as a regulated ‘asset’

The move comes on the heels of El Salvador legalizing the world’s largest cryptocurrency.

5 years ago

Regulation

RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users

The governor of the country’s central bank said that the government’s stance on cryptocurrencies is more of a warning.

5 years ago

Regulation

Reserve Bank of India slams banks after they stop services for crypto users

The nation’s central bank said an old report from 2018 was no longer valid for actions taken by private banks today.

5 years ago

Banking

Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor

BankDhofar's customers now can use its mobile banking app to send transactions up to $2,600 to Indian deposit accounts.

5 years ago

Regulation

Report: India may be considering crypto regulation instead of a blanket ban

A special panel of experts may be formed in India to develop a regulatory framework for cryptocurrencies.

5 years ago

Coronavirus

Vitalik Buterin donates $1 billion in Shiba Inu coin (SHIB) to India’s COVID fight

Just when every thought Buterin rugged, he did one of the most iconic donations of all time.

5 years ago

Coronavirus

Australian cricketer Brett Lee donates 1 Bitcoin towards India’s coronavirus fight

India's Covid Crypto Relief fund has already received over $3 million worth of digital assets in donations.

5 years ago

Coronavirus

Crypto community donates over $1.7 million in Ethereum and ERC20 tokens towards India’s coronavirus fight

The country faces one of the worse COVID situations and is receiving help from the crypto community.

5 years ago

Regulation

India may give crypto holders an “exit window” in case of Bitcoin ban

While the ultimate fate of digital assets is still unclear in India, crypto holders will likely have some time to comply with a potential ban.

5 years ago

Adoption

Here’s how former Coinbase CTO Balaji Srinivasan says India should embrace crypto

With an ambitious youth and a rising tech scene, seizing the opportunities that the crypto space presents could be a path forward for India.

5 years ago

NFTs

2018-era token jumps 10x in days before NFT marketplace announcement

NFTs are the hottest trend in crypto circles—and relatively older crypto businesses are jumping in on the bandwagon.

5 years ago