India Investigating 400+ Binance Traders for Hiding Crypto Profits
Indian tax authorities are now investigating over 400 Binance traders who supposedly didn’t report their cryptocurrency gains. The investigation is using trading data that Binance...
Tag : India
India to Introduce Digital Currency, Discourages Unbacked Crypto
India’s Commerce Minister Piyush Goyal just dropped some major news about the country’s crypto stance. The government plans to roll out a digital currency backed...
India Pushes for a Global Digital Asset Regulatory Framework at G20 Presidency
India is doubling down on its efforts to achieve a global digital asset framework through its G20 presidency. Finance Minister Nirmala Sitharaman recently reiterated the...
Binance Cuts Ties with Indian Crypto Exchange WazirX
Binance has declared that it will no longer allow Indian cryptocurrency exchange WazirX to utilize its wallet services. The operator of WazirX, Zanmai, has been...
Indian Government Official Shared His Views on Crypto
Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at such an event in Bengaluru. He is India’s Minister of State for Electronics and Information...
Report: Crypto Exchanges in India Lose Billions Due to Tax Regulations
Between February 2022 and October 2022, Rs 32,000 crore was transferred from domestic to foreign exchange in crypto, as a result of the imposition a...
RBI will Begin a Retail Digital Rupee Pilot on December 1
On Tuesday, the Central Bank of India declared that a retail digital rupee (e-R) experiment would begin on December 1. Moreover, it will include 4...
The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO
Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...
India’s Central Bank has Launched a Digital Currency Trial Program
On Tuesday, the Reserve Bank of India launched a trial program for its digital currency, allowing certain participating institutions to use it to settle secondary...
India will Spearhead a Push for Worldwide Crypto Legislation to Combat Money Laundering
Nirmala Sitharaman, India’s finance minister, suggested that India will use its next chairmanship of the G20 to advocate for global regulation of cryptocurrencies. Sitharaman, while...