India

Blockchain technology has been receiving a lot of opposition over the years from environmentalists. Words like sustainable-focused innovation and positive energy are ready to echo in the sphere of crypto for the first time. In what is a…
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The G20 should examine the feasibility of bringing non-financial assets like crypto in the ambit of automatic exchange of information to check tax evasion, says India’s Finance Minister Nirmala Sitharaman. She highlighted investigations…
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XREX, a Taiwanese crypto exchange, stopped INR trading on the platform a day before new crypto tax rules came into effect in India. The neobank is the only one in the world that supports the US dollar and the Indian rupee. But now, it only…
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The Reserve Bank of India (RBI) has once again asserted their objection to cryptocurrencies in a recently published statement. Deeming them a volatile asset and certain danger, the RBI is gearing up to release a detailed report on the A to…
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Prada, the Italian haute couture and luxury powerhouse is joining the race to make the transition into the sphere of web3 with its brand-new NFT collection. It unveiled its first NFT on June 2nd, 2022. The NFT will be delivered as an…
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The Securities and Exchange Board of India (SEBI) highlighted that the decentralized nature of crypto assets makes regulatory enforcement of this asset class challenging. The regulator told the Parliamentary Standing Committee on Finance…
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The body of policymakers representing the interests of the cryptocurrency industry in India, has said that they will not file a challenge that is legal. This legal challenge will not be filed against the RBI, or the Reserve Bank of India.…
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CoinSwitch, a leading crypto trading platform in India, has called for clear crypto regulations in the country. Ashish Singhal, the co-founder of CoinSwitch, believes New Delhi must work on establishing regulations on digital assets for…
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According to online news sources, Ashish Singhal, the CEO and co-founder of the Indian crypto exchange platform CoinSwitch, has urged the Indian government to establish crypto rules. He believes that the resolution of the rules surrounding…
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Coinbase, a crypto exchange, that recently started its operations in India has had to abruptly stop its services because of “informal pressure” from the central bank - the Reserve Bank of India. The platform announced this during the…
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