Officially supported by NITI Aayog, the 10th edition of Big BFSI Future Tech Show & Awards is convening top-tier CXOs in India;to exchange information and effective techniques as they prepare for the next phase of tech-powered growth in India. Big BFSI Show and Awards is set to take place on
Indian government can track cryptocurrency movements thanks to the 1% transaction tax. RBI has advised the government to set laws and outlaw cryptocurrencies. Over the last several months, China has seen one of the most stunning crackdowns on cryptocurrencies in the world. If other emerging nations in Asia follow suit,
The Indian Finance Minister declared that the RBI recommended crypto regulation. Government expects international collaboration for any effective regulation. The Indian Finance Minister, Nirmala Sitharaman has recently revealed that the Reserve Bank of India (RBI) has put forward a suggestion to the government, to frame cryptocurrency regulations. The government needs
An additional element came into play in India: a 1% TDS from July 1st, 2022. Prices of cryptocurrencies like Bitcoin and Ethereum have continued to plummet. Inflation, rate hikes, and increasing fuel prices have all affected the volume of crypto exchange activity. From July 1, 2022, onwards, an additional element
Top cryptocurrency exchange, LBank, contributes to the local group — Rock and Anchor, to aid children in rural India.This charity initiative spurs from the exchange’s magnanimous effort to reach several local communities in different parts of the world in a bid to reduce poverty and social exclusion of the poorer
BollyCoin announced the launch of the Chill Bull NFT collection. The NFT marketplace is set to connect the metaverse and Bollywood India’s first Bollywood NFT marketplace BollyCoin is set to release a brand new NFT (non-fungible token) collection shortly. From the inspiration of Bollywood actor Salman Khan’s Dabangg movie character
CoinDCX founder Sumit Gupta joined the investigation. CoinSwitch Kuber was also part of the investigation. Under the Foreign Exchange Management Act (FEMA), India’s Directorate of Enforcement (ED) has sent notifications to cryptocurrency exchanges requesting additional information and documents as part of its ongoing investigation into any alleged foreign exchange crimes
Two days from June 28 to 29, a panel of India’s top economic decision-makers will debate whether to levy an additional 28% tax on crypto transactions. In addition to the existing bitcoin income tax of 30%, the proposed tax will be imposed. Many believe that the two-day meeting won’t allow
Indian traders have lost around ₹1000 crores to phishing exchange sites. A panel meeting is planned with the financial authorities of the nation next week. The buying trend presently prevailing in the crypto market is welcoming to both genuine and fraudulent individuals. Cheaters and scammers are taking advantage of investors’
Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the UPI ban. CoinDCX’s chief operating officer, Mridul Gupta, had joined the crypto exchange CoinDCX last year, where he hopes “to drive growth for CoinDCX business and build India’s leadership in
