More than $12.6 million has been confiscated from 11 crypto exchanges. The authorities seemed to be concerned about the rapid pace of acceptance. The overall crypto market appeared optimistic on the most prominent cryptocurrencies like bitcoin, ether, and other altcoins, with a global market cap of $2.14T, showing no signs
Their families were able to join the wedding via Google Meet. The couple tied the knot on November 15, 2021. Most people would choose to tie the knot on a beach or at a five-star resort. Still, Indian couple Shruti Nair and Anil Narasipuram chose to wed in the most
All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet
Modi said it is impossible for just one government to make judgments. Indian PM spoke at Switzerland’s World Economic Forum Davos conference. Narendra Modi, Indian Prime Minister, urged global action on cryptocurrencies, drawing comparisons to inflation and climate change. The Indian Prime Minister spoke at the World Economic Forum Davos
Wopke Hoekstra, Dutch Finance Minister raised voice against the cryptocurrency ban in the country. Instead he suggested an effective regulation for crypto rather than total ban. Pieter Hasekamp, Netherland’s local officials advocated a total ban on cryptocurrency. The local news agency NU.nl shared the report last Friday. The reason he
The Economic Times reports, Indian Government reconsiders its opinion on Cryptocurrencies in India rather than imposing a direct ban on crypto assets,Yesterday. The Economic Times exclusively revealed, India formed a new regulatory panel to discuss “outdated” platforms of crypto assets. The committee is created to gather information about Blockchain technology
No blanket ban in India, says Indian Finance Minister. Regulations won’t be as severe as has already been reported. The hypothetical ban drew widespread criticism across the crypto world. No blanket ban in India, says Indian Finance Minister Nirmala Sitharaman. Sitharaman’s Clue About Crypto Ban in India The Indian crypto
Envisioning the crypto industry, India wants to explore more with the development of Web3. As per the press release from the Ministry of Electronics and Information Technology (MeitY) on Wednesday, the browser foresees crypto token support for digitally signing documents, which would further strengthen the security of online transactions and
Shaktikanta Das, the governor of the Reserve Bank of India (RBI), asserts that some G20 members want to consider outright banning cryptocurrencies. Officials from the G20’s finance ministries and central bankers appeared to be in accord about regulating the digital currency. As per the report, the G20 summit, which India
Despite the challenging global economic conditions, central bank officials strive to stabilize Asia’s third-largest economy. As the Indian Finance Minister Nirmala Sitharaman stated in a LokSabha question hour, the Group of 20 (G20) big economies are exploring “the possibility of regulating cryptocurrencies and crypto mining” as a group. While China
