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Search Results for: Indian Finance Minister

Investors in India To Pay 30% Tax on Crypto Profit Starting From Today

A petition promoting this subject has received 1,02,956 signatures so far. It allows the government to keep tabs on all trade, digital assets. In India, taxation on cryptocurrency assets will begin on April 1, 2022. Finance Minister Nirmala Sitharaman revealed several modifications to the tax code in her presentation of

April 1, 2022 1 min read

Wolf of Wall Street Says Shiba Inu and Dogecoin Creators Be Imprisoned

Jordan Belfort, the Wolf of Wall Street, thinks meme currencies like Dogecoin and Shiba Inu are hoaxes. He advised investors not to buy in these recently hot currencies and that their founders be imprisoned. Earlier this year, Tesla CEO Elon Musk began tweeting about Dogecoin. Since then, Shiba Inu and

December 1, 2021 1 min read

Cryptos Are Back in India As Payment Services

Indians are now happy to hear the announcement regarding the acceptance of crypto payments within the country. The Indian startup company, Rug Republic recently revealed to begin digital currencies as payment services only for its Indian customers. The global brand shares it will set to accept  top 20 cryptocurrencies as

July 25, 2021 2 mins read

Mexico Bans Crypto in the Financial System

Mexican official recapitulates a ban on the use of cryptocurrencies. Herrara stated that cryptocurrencies are not legal tender belongings. Three entities  iterated the warning they issued in 2014, 2017 and 2019. On Monday a topmost Mexican official recapitulates a ban on the use of cryptocurrencies in the country’s financial system.

June 30, 2021 2 mins read

Its Greenlights For Bitcoin(BTC) Enroute to India

The whole crypto world along with all crypto enthusiasts from India are now buzzing about the greenlights shown towards Bitcoin (BTC). India now prepares to radiate a new bill in favor of Bitcoin. According to sources, Bitcoin (BTC) will be classified as an asset and not as a live currency. 

June 10, 2021 2 mins read

RBI Splashes on Banks for Restricting Crypto Trades

Some banks in India warn customers with RBI notice. RBI clears up the commotion with the further announcement. RBI states that they didn’t ask banks to stop the services of exchanges. Leading banks in India have restricted virtual cryptocurrency services with the statement of RBI given on April 06, 2018.

June 2, 2021 2 mins read