India

ASCI Crypto Guidelines Trespassed by Social Influencers

ASCI received 453 complaints out of which 419 were confirmed as violating regulations. There are two sets of regulations that

1 day ago 2 mins read

Once Again Web3 Meet-up in Chennai

Vanakkam Web3 Meet-up was held to discuss the NFTs accessible. Onmeta is India’s reliable fiat-crypto gateway. Vanakam Web3 Chennai meetup

1 week ago 2 mins read

Indian Exchange CoinDCX Halts Crypto Withdrawals Citing Wallet Maintenance

Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the

2 weeks ago 2 mins read

Coinbase Lays-off 8% of Staff in India Following Recent Market Turmoil

The company had intended to recruit over 1,000 people in India in 2022. Armstrong had blamed “informal pressure” from the

2 weeks ago 2 mins read

RBI Proposes Separate Regulatory Body For Crypto Sector in India

Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for

2 weeks ago 2 mins read

Telecom Service Provider Giant ‘Airtel’ Launches India’s First Multiplex in Metaverse

Partynite Metaverse will be the metaverse platform through which users can access. It has been launched as an extension to

2 weeks ago 2 mins read

Prominent Turkish Exchange Bitay Plans to Enter the Indian Crypto Market

The company has already set up an office in Gurgaon in India. According to the data, the Indian crypto market

3 weeks ago 2 mins read

Crypto Tax TDS Percent in India Rectified After Typo on Income Tax Website

Several cryptocurrency platforms and investors took to social media to debate the issue. As of July 1, 2022, a 1%

3 weeks ago 2 mins read

RBI Deputy Governor Weighs on CBDCs Following India’s Stance on Crypto

The RBI has long warned about cryptocurrencies being a threat. The Indian central bank is currently developing its own CBDC.

4 weeks ago 2 mins read

Cryptocurrency Tax in India for Certain Transactions Likely To Be Exempted

Gifts of crypto will be taxed in the same way as any other asset. Cryptocurrency transactions are taxed at 30

4 weeks ago 2 mins read