India’s central bank digital currency (CBDC) is also being developed by RBI. RBI would adopt crypto taxes before issuing its digital currency. It has been stated that the Indian government is “constantly monitoring” and “watching the crypto sector” by Finance Minister Nirmala Sitharaman. In reference to her budget address, she
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
India to completely incorporate Metaverse into its education. Metaverse tableau opened up upon Republic Day 2022. IT giants of India too bulge into Metaverse. Blockchain ecosystem has really come a long way. Giving spread to numerous attributes with different functions and features all taking over the world from their ends.
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
Scammers are on the rise as more Indians begin to trade in various coins. The scammers are accused of defrauding at least 900 people. According to a statement released Monday this week, the Indian Enforcement Directorate reportedly confiscated $4.9 million worth of assets from a businessman suspected of money laundering
The Directorate of Vigilance and Anti-Corruption (DVAC) of India raided several states. Ex-TamilNadu Minister belonging to the party AIADMK, house fully raided. Upon raid, found money being stacked up in the form of cryptos. Corruption is one thing that the counter of India still persists in fighting. Most of the
Crypto industry is developing its digital access and services covering the interest of larger users scattered around the world. Crypto assets are witnessing an exponential increase besides its price fluctuations in the marketplace. Also, cryptocurrencies are ranking as the best asset class of 2021 with massive global growth rate. At
Dinesh karthik brings out India’s first sports NFTs. These NFTs are based on Dinesh Karthik’s last ball six epic winnings. Planned to be launched on October 12. With many Bollywood actors bringing out their own non-fungible tokens (NFT), the NFT fever is all set high for India. In such terms,
Recent times have been putting quite a smile on the crypto industry of India. Amidst various oppositions at first, now the crypto industry is flourishing in its own way. However, sources have confirmed that the complete regulations and frameworks are nearly ready and are all set for legalization. In spite
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
