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Articles for Vda, search results for market

28 virtual digital asset service providers register with Centre
1 year, 1 month ago

28 virtual digital asset service providers register with Centre

Deccan Chronicle  

New Delhi: The government on Monday declared that as many as 28 virtual digital assets or VDA service providers, including WazirX, Coin DCX and Coin Switch, have registered themselves with the Financial Intelligence Unit-India. As per the finance ministry, entities dealing in VDAs, crypto exchanges and intermediaries would be considered ‘reporting entity’ under the Prevention of Money Laundering Act. To …

Vda Crypto Exchanges
Virtual digital assets regulation in G20 countries: Towards a global governance framework
1 year, 4 months ago

Virtual digital assets regulation in G20 countries: Towards a global governance framework

Hindustan Times  

Statements made by public officials in certain G20 member-States as well commentaries by financial analysts suggest that emerging market economies stand on a different footing from developed counterparts in their regulation of virtual digital assets. This paper examines this notion by presenting a quantitative analysis of the positions taken by G20 member-countries on different facets of virtual digital assets regulation. …

Regulation Regulatory Framework G20 Countries Paper Digital Assets Virtual
Govt ropes in cryptocurrency trade in PMLA. How does it help market, investors
1 year, 10 months ago

Govt ropes in cryptocurrency trade in PMLA. How does it help market, investors

Live Mint  

Finance Ministry has tweaked the anti-money laundering law by bringing cryptocurrencies and other virtual digital assets trade under the ambit. Also, the safekeeping or administration of virtual digital assets and the participation in financial services related to the offer and sale of virtual digital assets --- will be covered under the Act. Punit Agarwal, Founder of KoinX said, "The Government …

India Assets Digital Virtual Vda Crypto Industry Virtual Digital Assets
Budget 2023: What Awaits The Crypto Sector? Everything You Need To Know
2 years 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 …

India Financial Budget Assets Digital Cryptocurrencies Sector
India's First CBDC, FTX Fiasco, LUNA Meltdown: Crypto Events That Defined 2022
2 years ago

India's First CBDC, FTX Fiasco, LUNA Meltdown: Crypto Events That Defined 2022

ABP News  

2022 has been a particularly eventful year for the crypto sector. Here’s a quick look at some of the major crypto events that made headlines in 2022: India announces crypto tax Cryptocurrencies, non-fungible tokens, and similar entities are clubbed under virtual digital assets in the country and face a stringent taxation structure as part of the new regime that came …

India Digital Rbi Rupee Luna Binance Ethereum
Variable Dearness Allowance (VDA): All you need to know
3 years, 7 months ago

Variable Dearness Allowance (VDA): All you need to know

India Today  

Variable Dearness Allowance defines the new amount which is earned after the increase or decrease in the consumer price index. At this time when the country is struggling with the second wave of Covid-19 pandemic, to protect the employees and the current inflation, the variable dearness allowance is issued for workers working under the central government. Current status of VDA …

Workers Index Price Central Allowance Vda Variable Dearness Allowance