OPINION: How India Can Emerge As A Crypto And Blockchain Hub, With A Robust Policy
2 years, 4 months ago

OPINION: How India Can Emerge As A Crypto And Blockchain Hub, With A Robust Policy

ABP News  

India is currently on the forefront of witnessing the emergence of innovative technologies. What the future of India’s crypto and blockchain sector looks like When we look at conventional financial transactions, there are several intermediaries besides the payee. Even though these kinds of banks might sound new, they can let people keep, buy, and sell their crypto holdings alongside a regular bank account. With initiatives such as Digital India and e-governance for economic resilience, India can lead by making friendly policies around technologies such as crypto, blockchain, and Web3. As crypto is still in its nascent stage globally, India has the best chance to develop a robust policy benefiting the digital revolution.

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History of this topic

Pakistan Moves To Legalise Cryptocurrency To Attract Foreign Investment. Will India Follow Suit?
1 week, 2 days ago

Pakistan Moves To Legalise Cryptocurrency To Attract Foreign Investment. Will India Follow Suit?

ABP News  

Pakistan is making strides toward embracing digital assets by setting the stage for cryptocurrency legalisation. With more nations establishing cryptocurrency regulations, Pakistan’s initiative could position it as a key player in the digital finance sector. Pakistan Crypto Council to Oversee Digital Asset Integration To facilitate the transition, the Pakistan government has reportedly launched the Pakistan Crypto Council, a newly formed …

Crypto, The New Hustle: How Women In Tier-2 Cities Can Ride The Wave
1 week, 5 days ago

Crypto, The New Hustle: How Women In Tier-2 Cities Can Ride The Wave

ABP News  

By Avinash Shekhar In India’s smaller cities, a quiet revolution is underway as women step beyond traditional investments like gold and fixed deposits to explore cryptocurrency. Traditionally, women relied on fixed-income assets, but with inflation and evolving financial awareness, many are now viewing crypto as a viable path to long-term wealth generation. Why Women Should Consider Crypto Investments For women …

Pakistan launches crypto council to integrate blockchain technology with financial landscape
2 weeks ago

Pakistan launches crypto council to integrate blockchain technology with financial landscape

The Hindu  

Pakistan has officially launched the national crypto council to regulate and integrate blockchain technology and digital assets into the country’s financial system. India reviewing crypto position due to global changes, senior official says The Pakistan Crypto Council would regulate, promote, and incorporate blockchain and cryptocurrency innovations into Pakistan’s economic framework. "The establishment of the Pakistan Crypto Council is a step …

Intel agency pins 'suspicion' of crypto being used for terror financing, drugs trafficking in India
2 weeks, 3 days ago

Intel agency pins 'suspicion' of crypto being used for terror financing, drugs trafficking in India

Hindustan Times  

New Delhi, A trends study conducted by the federal financial intelligence unit of India has expressed "suspicion" that cryptocurrency is being used across the country's landscape in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking apart from illegal betting and gambling. Intel agency pins 'suspicion' of crypto being used for terror financing, drugs trafficking in India …

Crypto trading booms in India's interiors as job growth and incomes disappoint
1 month ago

Crypto trading booms in India's interiors as job growth and incomes disappoint

The Hindu  

Like thousands of his countrymen in far-flung places, flower-shop owner Ashish Nagose has been learning about trading cryptocurrencies by attending classes every weekday for the past two months in his home city of Nagpur in western India. Newfound crypto enthusiasts in India such as Nagose have helped grow cumulative trading volumes of bitcoin, ethereum, dogecoin and other cryptocurrencies on four …

I will think about India: Nirmala Sitharaman as Trump 2.0 goes big on crypto
1 month, 3 weeks ago

I will think about India: Nirmala Sitharaman as Trump 2.0 goes big on crypto

India Today  

Finance Minister Nirmala Sitharaman on Tuesday clarified that the government is not against distributed ledger technology. At the Budget Round Table 2025 event organised by India Today and Business Today, Sitharaman did not clearly mention any policy related to cryptocurrencies or VDAs. When mentioned that 97% of the country’s crypto trading has shifted offshore, which has led to a loss …

India's Crypto Policy Delayed Further? Report Suggests Re-Evaluation Of Stances By Multiple Jurisdictions
1 month, 3 weeks ago

India's Crypto Policy Delayed Further? Report Suggests Re-Evaluation Of Stances By Multiple Jurisdictions

ABP News  

India is re-evaluating its position on cryptocurrencies following recent international developments, including regulatory changes in major economies, according to a senior Government official, reported Reuters. The decision comes as multiple jurisdictions have softened their stance on digital assets, prompting India to revisit its delayed discussion paper on crypto policy, which was initially expected to be released in September 2024. Crypto …

India reviewing crypto position due to global changes, senior official says
1 month, 3 weeks ago

India reviewing crypto position due to global changes, senior official says

The Hindu  

India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday. He did not specifically mention the United States, where Mr. Trump last week ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a …

Government is reportedly thinking about changing its stance on cryptocurrency
1 month, 3 weeks ago

Government is reportedly thinking about changing its stance on cryptocurrency

India Today  

India has a rigid cryptocurrency environment, and its stance on the digital currency has been anything but consistent. In December 2023, the Financial Intelligence Unit in India issued show-cause notices to 9 offshore crypto exchanges, including Binance and Kucoin, for non-compliance with local regulations. In 2023, former RBI Governor Shaktikanta Das also represented a critical stand against cryptocurrency in India. …

India reviewing crypto stance amid global policy shift: Report
1 month, 3 weeks ago

India reviewing crypto stance amid global policy shift: Report

India Today  

India is reviewing its stance on cryptocurrencies due to shifting attitudes towards virtual asset in other countries, a senior government official told Reuters on Sunday. He did not specifically mention the United States, where Trump last week ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency …

Union Budget 2025: India’s tech sector is all charged up for an AI-led digital revolution
1 month, 4 weeks ago

Union Budget 2025: India’s tech sector is all charged up for an AI-led digital revolution

Firstpost  

As India works to solidify its standing as a global tech powerhouse, industry leaders expect that the budget will introduce policy measures aimed at fostering innovation, enhancing infrastructure, and promoting financial and digital inclusion From data centres and AI development to Web3 and emerging technologies, businesses across the country are laying out a roadmap for long-term growth and sustainability. Image …

Why cryptocurrency exchanges struggle to provide crypto withdrawals for Indians | Explained
2 months ago

Why cryptocurrency exchanges struggle to provide crypto withdrawals for Indians | Explained

The Hindu  

The story so far: Mudrex, a crypto platform that is “US-headquartered and Bengaluru-based” made headlines this month when it announced it was temporarily pausing crypto withdrawals until January 28, to “enhance the security of our platform and safeguard against bad actors,” said the company in an official blog post on January 12. Gupta on January 15 acknowledged that while users …

Interview: Yesha Yadav on ABC of Donald Trump’s new crypto world
2 months, 1 week ago

Interview: Yesha Yadav on ABC of Donald Trump’s new crypto world

Hindustan Times  

Washington: President-elect Donald Trump has promised a new era of cryptocurrency, with the industry expecting clearer and a more liberal regulatory structure. And what has happened over time is of course that Bitcoin as well as other cryptocurrencies have allowed for certain economies where the local marketplace is perhaps not as strong, where people don’t have faith in the domestic …

Indians Have Rejected Crypto. But 2025 Could Change That
3 months ago

Indians Have Rejected Crypto. But 2025 Could Change That

ABP News  

By AR Hemant The BankBazaar Moneymood 2025 survey report reveals a sharp decline in Indians’ interest in cryptocurrency. Of the salaried men and women surveyed in the study, only 12 per cent of Indians invested in crypto in 2024, compared to 32 per cent in 2022​. Taxation and Security Concerns Hurt Crypto The Indian government’s 30 per cent tax on …

India on the sidelines as the future of finance dawns
4 months, 1 week ago

India on the sidelines as the future of finance dawns

Hindustan Times  

In the Trumpian world, bitcoin is soaring. Blockchain is the foundation of cryptocurrencies like Bitcoin but its potential stretches far beyond speculative trading enabling tamper-proof voting systems, transparent supply chains, and decentralized finance. Meanwhile, India’s regulations are so draconian that exchanges like Coinbase won’t even let Indian users buy crypto. Enter Central Bank Digital Currencies, the government’s answer to cryptocurrencies. …

Bitcoin, cryptocurrencies not legal in India
Trending News
4 months, 1 week ago

Bitcoin, cryptocurrencies not legal in India

Deccan Chronicle  

New Delhi: Bitcoin and cryptocurrency are in news again after allegations were levelled against Congress's Maharashtra president Nana Patole and NCP 's Supriya Sule of being involved in "illegal bitcoin activities" to fund their poll campaign. - Cryptocurrency has no intrinsic value and is not redeemable for another commodity, such as gold - has no physical form and exists only …

Will Bitcoin's revival boost India's appetite for cryptos despite high taxes?
4 months, 1 week ago

Will Bitcoin's revival boost India's appetite for cryptos despite high taxes?

India Today  

Bitcoin has taken the financial world by storm once again, this time surging to a record-breaking $90,000 following Donald Trump's unexpected victory in the US presidential election. TRUMP'S IMPACT ON THE CRYPTO SURGE The crypto market has been riding a wave of optimism following Donald Trump's election as US president, with hopes that his administration will adopt a crypto-friendly stance. …

India's crypto industry expects Bitcoin surge to boost domestic business
4 months, 2 weeks ago

India's crypto industry expects Bitcoin surge to boost domestic business

Live Mint  

New Delhi: India’s battered cryptocurrency industry, which has seen retail trading volumes decline by over 90% in the past three years, is cautiously optimistic about the industry’s latest surge. “The exchange-traded funds in the US have further rationalized cryptocurrency investments around the world, and the US’s pro-cryptocurrency stance could boost a more favourable policy approach around the world including in …

Cyber-Secure India: A Collective Effort to Protect Citizens from Digital Crimes
4 months, 3 weeks ago

Cyber-Secure India: A Collective Effort to Protect Citizens from Digital Crimes

Hindustan Times  

Cybersecurity is a top priority for the Indian government, with the country witnessing a surge in digital connectivity and a corresponding rise in cybercrimes. However, authorities have been proactive in safeguarding citizens from these threats, disconnecting fraudulent mobile connections and blocking over ₹2,400 crore in suspicious transactions. The government has also launched an indigenously developed International Incoming Spoofed Calls Prevention …

Crypto industry players see light at end of tunnel despite regulatory vacuum. Here’s why
7 months, 3 weeks ago

Crypto industry players see light at end of tunnel despite regulatory vacuum. Here’s why

Live Mint  

The Ministry of Finance recently made it clear in a written reply in the Lok Sabha that the government is not considering a law to regulate the transaction of cryptocurrencies. However, crypto industry participants are not too pessimistic about Chaudhary’s statement, which was released at the behest of the Finance Ministry since they pin hopes on a discussion paper on …

Retail investors should be cautious about Cryptos says RBI
10 months, 1 week ago

Retail investors should be cautious about Cryptos says RBI

Deccan Chronicle  

Mumbai: The crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity as a result of which retail investors need to be more cautious, the Reserve Bank of India economists said in an article titled Decentralised Finance: Implications for Financial System in the central bank’s May Bulletin. However, developments such as the FTX crypto exchange collapse, decline in …

India excels in AI, but lags in adopting basic broadband and internet
1 year, 1 month ago

India excels in AI, but lags in adopting basic broadband and internet

New Indian Express  

As Gartner’s Hype Cycle would suggest, many of these technologies are in the innovation trigger phase and are likely to be adopted only by innovators in the country. India’s progress in digital payment India has made remarkable progress on the use of digital payments, especially in the public sector. Data from the World Bank’s Findex Survey shows that digitally delivered …

Budget Highlights 2024: Govt to lay white paper on economic performance
1 year, 1 month ago

Budget Highlights 2024: Govt to lay white paper on economic performance

Hindustan Times  

Feb 1, 2024 7:33 PM IST Ashish Singhal, Co-founder and Group CEO, PeepalCo says, "Crypto is experiencing a resurgence this year. On a positive note, the Government of India now has the chance to introduce comprehensive crypto regulations and improved tax policies in the upcoming full Budget, with the full support of the electorate. We continue to urge: i) Allow …

India need not rush in where the US dares to go
1 year, 2 months ago

India need not rush in where the US dares to go

Hindustan Times  

On January 10, the US securities market regulator, the Securities and Exchange Commission allowed 11 spot Bitcoin exchange-traded funds to list and trade on the stock market. In a statement issued the day he cleared the Bitcoin ETFs, he wrote: “Though we’re merit neutral, I’d note that the underlying assets in the metals ETFs have consumer and industrial uses, while …

India leads in grassroots cryptocurrency adoption: Report
1 year, 5 months ago

India leads in grassroots cryptocurrency adoption: Report

The Hindu  

India stands first when it comes to grassroots cryptocurrency adoption, according to blockchain analytics platform Chainalysis’ 2023 Global Crypto Adoption Index released this month. Chainalysis’ report pointed out that India’s crypto adoption rates had soared despite the country’s tax regime and regulatory environment, which it called “’challenging”. “While every exchange operating in the country is required to collect TDS taxes …

India\'s Crypto Tycoons: Best Crypto Experts and Founders You Need to Know
1 year, 5 months ago

India\'s Crypto Tycoons: Best Crypto Experts and Founders You Need to Know

Deccan Chronicle  

New Delhi: India has emerged as a hotbed of cryptocurrency innovation, with a rapidly growing community of crypto enthusiasts, developers, and entrepreneurs. In this article, we'll introduce you to some of India's crypto tycoons – the best crypto experts and founders who are making waves in the industry. Sumit Gupta - The Visionary CEO Sumit Gupta, the CEO and co-founder …

‘India to decide its position on crypto in coming months’
1 year, 6 months ago

‘India to decide its position on crypto in coming months’

Live Mint  

New Delhi: India will evaluate the recommendations made in a paper authored by the International Monetary Fund and the G20’s risk watchdog, the Financial Stability Board, outlining a roadmap for regulating crypto assets and integrating digital assets into digital financial systems before deciding its stance, Ajay Seth, secretary of the department of economic affairs, said. On the sidelines of the …

As G-20 plans crypto regulatory framework, India may shelve plan for outright ban
1 year, 6 months ago

As G-20 plans crypto regulatory framework, India may shelve plan for outright ban

The Hindu  

With the G-20 countries agreeing to explore a coordinated regulatory framework for crypto assets, India could wait a while longer before firming up its domestic regulations for crypto currencies, and initiate a dialogue with stakeholders on the way forward. Any country can allow higher risks if they want, or ban it if they like, but whatever one does, it should …

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month
1 year, 6 months ago

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month

The Hindu  

Paving the way for a co-ordinated global approach to regulating cryptocurrencies, strengthening multilateral development banks’ lending capacity and replicating the use of digital public infrastructure like the India Stack to expand financial inclusion around the world, were some of the 10 major outcomes achieved under the Finance Track of India’s G-20 presidency. G-20 Summit 2023 Sept. 9 updates Discussions on …

G20 summit 2023: Crypto market hopeful for constructive dialogue on global regulation
1 year, 6 months ago

G20 summit 2023: Crypto market hopeful for constructive dialogue on global regulation

India TV News  

As world leaders are gathering in India to attend G20 summit 2023, the crypto market is hopeful for a dialogue on the revival of the industry with a common regulation in place. Under the leadership of India's presidency, the G20 countries are reportedly poised to introduce what could be recognised as the first-of-their-kind regulations governing cryptocurrencies and crypto assets worldwide. …

Global cooperation key to countering threats like crypto: FM Sitharaman
1 year, 6 months ago

Global cooperation key to countering threats like crypto: FM Sitharaman

Live Mint  

Mumbai: Global cooperation and a framework are essential to counter threats emanating from areas such as cryptocurrencies, Finance Minister Nirmala Sitharaman said on Tuesday. Sitharaman said, “India’s Presidency has put on table, in the G20, issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets. Content rich papers from institutions International …

Future Of Crypto In India: How Bitcoin ETFs, Regulatory Clarity Can Help
1 year, 7 months ago

Future Of Crypto In India: How Bitcoin ETFs, Regulatory Clarity Can Help

ABP News  

In recent times, the cryptocurrency industry has undergone a noteworthy transformation, evolving from a limited group of developers to a community that has fostered a trillion-dollar economy. By integrating cryptocurrencies into the existing anti-money laundering framework, India aims to enhance financial transparency and mitigate the risks associated with illicit activities in the crypto sector. The introduction of Bitcoin ETFs could …

Unmasking India's Crypto Projects Trusted by 100 Million People
1 year, 7 months ago

Unmasking India's Crypto Projects Trusted by 100 Million People

Deccan Chronicle  

New Delhi: As the crypto decade unfolds, India's blockchain landscape is witnessing the rise of crypto titans—projects that are pushing boundaries, transforming industries, and leaving an indelible mark on the digital realm. CoinSwitch Trillioner Coin : Pioneering India's Crypto Journey, Trillioner Coin takes center stage with an astounding 2000% surge in price. As the Indian arm of the world's second-largest …

Rising Stars of India's Crypto Revolution: Top 5 Crypto Projects to Trust in 2023
1 year, 7 months ago

Rising Stars of India's Crypto Revolution: Top 5 Crypto Projects to Trust in 2023

ABP News  

New Delhi, August 21: A revolution is underway in India's crypto landscape, and at its helm is a group of rising stars — projects that are reimagining traditional systems and catalyzing a paradigm shift in the nation's digital transformation. As the Indian counterpart of the world's second-largest derivatives exchange, Bybit India entices high-value traders, cementing its essential role in India's …

Understanding Layer 1 Blockchain: Here’s Why India Needs It
1 year, 7 months ago

Understanding Layer 1 Blockchain: Here’s Why India Needs It

ABP News  

By Nischal Shetty Blockchain has been the biggest innovation after the Internet and is reshaping the world around us. Solving the blockchain trilemma is crucial to unlocking the full potential of blockchain technology and providing users with scalable, secure, and decentralised solutions for various applications. However, to harness the true potential of blockchain technology in India, we require an L1 …

Future Of Blockchain Development In India: How Angular Framework Can Play A Key Role
1 year, 10 months ago

Future Of Blockchain Development In India: How Angular Framework Can Play A Key Role

ABP News  

Blockchain technology has been making waves in the tech industry, and India is no exception. By leveraging Angular for blockchain development, Indian developers can create user-friendly and scalable applications that allow for fast and secure transactions, making financial services more accessible to those who need them most. Another area where Angular can be especially beneficial for blockchain development in India …

Regulating crypto without global consensus will not be effective, says FM Sitharaman
1 year, 11 months ago

Regulating crypto without global consensus will not be effective, says FM Sitharaman

The Hindu  

Underlining that global consensus is necessary for the regulation of crypto before India makes any move on it, Union Finance Minister Nirmala Sitharaman on April 23 said a global template may have to be created, and everyone will have to work together on it, otherwise regulating it will not be effective. "Their report and IMF's report are going to be …

Crypto issue requires immediate attention, says FM Sitharaman
1 year, 11 months ago

Crypto issue requires immediate attention, says FM Sitharaman

The Hindu  

Issues related to crypto assets require immediate attention and the response of the G20 has to ensure that they do not lose any potential benefits while protecting economies from harm, Union Finance Minister Nirmala Sitharaman has said. Ms. Sitharaman was part of a brainstorming session on "Macrofinancial Implications of Crypto Assets" with G20 finance ministers and central bank governors at …

Understanding the current state of crypto assets in India
1 year, 11 months ago

Understanding the current state of crypto assets in India

Live Mint  

It is a sweeping wave for some and a conundrum for others but crypto is the new buzzword in the world of investment finance. On the whole, the government seems to be accepting crypto and the underlying blockchain technology rather than casting them away as ‘risky’ or even ‘banning’ them. Banking is still not a breeze given RBI’s concerns The …

Navigating the complexities of crypto taxation in India
2 years ago

Navigating the complexities of crypto taxation in India

Live Mint  

There is an adage which encapsulates the process of taxation, and it goes thus: the only two things certain in life are death and taxes. Navigating crypto from a tax angle We believe that Indian crypto investors can become tax compliant and plan their investments better by following certain principles. Building a crypto portfolio: India’s crypto tax regime does not …

Crypto Regulation: India Collaborating With G20 Countries To Formulate Global Policy
2 years ago

Crypto Regulation: India Collaborating With G20 Countries To Formulate Global Policy

ABP News  

Minister of State for Finance Pankaj Chaudhary on Monday informed the Parliament that India is working with G20 nations to establish a globally coordinated policy on crypto assets. Finance Minister Nirmala Sitharaman recently announced that there will be additional discussions on crypto assets during the IMF-World Bank Spring Meetings in April, to be held in Washington. Additionally, in July, the …

India’s digital payments market will grow to USD 10 trillion by 2026
2 years ago

India’s digital payments market will grow to USD 10 trillion by 2026

Op India  

In a country witnessing rapid growth, it comes as no surprise that India also has one of the fastest-growing fintech landscapes in the world, driven primarily by the advancement in digital payments segment. A recent report by PhonePe and Boston Consulting Group concluded that India’s digital payments market will more than triple from USD 3 trillion to USD 10 trillion …

Crypto at G20 Summit: India recommends a joint technical paper by IMF & FSB on regulation
2 years, 1 month ago

Crypto at G20 Summit: India recommends a joint technical paper by IMF & FSB on regulation

India Today  

India has proposed a joint technical paper by the IMF and the FSB for help in the formulation of a coordinated and comprehensive policy approach to crypto assets. Both the above agencies are expected to present their papers in October this year, i.e., during the 4th G20 Finance Ministers and Central Bank Governors Meet, stated the Ministry of Finance, following …

Moving towards regulation on Cryptocurrency under India\'s G20 presidency: Nirmala
2 years, 1 month ago

Moving towards regulation on Cryptocurrency under India\'s G20 presidency: Nirmala

Deccan Chronicle  

Bengaluru: Union Finance Minister Nirmala Sitharaman on Saturday said that the government is progressing towards regulation on Crypto Currency under India's G20 presidency. "Further, in July, the FSB's paper on crypto assets regulation will be tabled so that it could be discussed at the next meeting of the finance ministers and central bank governors," she said. Speaking on the issue, …

IMF, FSB to flesh out crypto regulation in the wake of India’s push at G20
2 years, 1 month ago

IMF, FSB to flesh out crypto regulation in the wake of India’s push at G20

The Hindu  

The International Monetary Fund and the Financial Stability Board are set to formulate a technical paper in a bid to attain a coordinated global approach for the regulation of crypto assets as proposed by the Indian Presidency of the G20. The idea had found backing from U.S. Treasury Secretary Janet Yellen, who also mooted international cooperation to set high regulatory …

India Asks IMF, FSB To Prepare Technical Paper On Regulating Crypto
2 years, 1 month ago

India Asks IMF, FSB To Prepare Technical Paper On Regulating Crypto

News 18  

India, which is currently holding G20 Presidency, has asked the IMF and Financial Stability Board to jointly prepare a technical paper on crypto assets, which could be used in formulating a coordinated and comprehensive policy to regulate them. In their entirety, the IMF’s discussion paper, the policy seminar and the joint IMF-FSB paper are expected to integrate the policy questions …

Crypto Regulation: Nirmala Sitharaman Says India Discussing SoP Development For Assets With G-20 Nations
2 years, 1 month ago

Crypto Regulation: Nirmala Sitharaman Says India Discussing SoP Development For Assets With G-20 Nations

ABP News  

Finance Minister Nirmala Sitharaman on Monday said India is discussing with the G-20 member countries the need to develop a standard operating protocol for regulating crypto assets. She said crypto assets and web3 are relatively new and evolving sectors, and require significant international collaboration for any specific legislation on these sectors to be fully effective. In reply to a separate …

India likely working on roadmap to regulate cryptocurrencies at G-20
2 years, 1 month ago

India likely working on roadmap to regulate cryptocurrencies at G-20

Live Mint  

India is likely to introduce a roadmap for regulating virtual assets such as cryptocurrencies. On Thursday, Economic Affairs Secretary Ajay Seth in an interview said that the government is working with Financial Stability Board to at least build a policy for crypto assets along with a regulatory framework. He added, "we are also working with the FSB and the idea …

Budget 2023: Tax exemptions, subsidies, and other financial support needed to support crypto sector
2 years, 2 months ago

Budget 2023: Tax exemptions, subsidies, and other financial support needed to support crypto sector

Firstpost  

The crypto sector in India needs urgent support from regulators to create a business-friendly environment for the growth of blockchain companies. Allow investors to offset, carry forward losses To provide a fair playing field for crypto assets, allowing crypto investors to offset and carry forward their losses, as well as raising the TDS exemption limit to a reasonable level, would …

Budget 2023: What Awaits The Crypto Sector? Everything You Need To Know
2 years, 2 months ago

Budget 2023: What Awaits The Crypto Sector? Everything You Need To Know

ABP News  

The 2023 Union Budget is nearly here and the biggest question that’s haunting the mind of crypto enthusiasts is simple — how will the Finance Ministry treat the virtual digital assets sector this time around? While 2022 saw several important milestones for the crypto sector, from the taxation of gains to the introduction of a central bank digital currency, the …

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