International Crypto Platforms May Be Brought Under GST Ambit + RBI Warns that Crypto Could Lead to Dollarisation of Indian Economy
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week; International crypto platforms may also be brought under GST ambit: https://www.fortuneindia.com/macro/govt-to-bring-foreign-crypto-platforms-under-gst/108274 ; RBI launches new offensive against crypto saying it could lead to dollarisation of Indian economy: https://timesofindia.indiatimes.com/business/cryptocurrency/blockchain/rbi-warns-crypto-can-lead-to-dollarisation-of-economy/articleshow/91672891.cms ; SEBI suggests celebrities should not endorse crypto: https://www.thehindubusinessline.com/money-and-banking/cryptocurre ..read more
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GST on Crypto - Does the Indian Government Want to Kill the Golden Goose?
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: Cryptocurrencies likely to attract 28% GST: https://www.cnbctv18.com/cryptocurrency/cryptocurrencies-may-soon-attract-28-gst-like-betting-and-casinos-in-india-13418192.htm ; Critics call govt’s move to levy 28% GST on crypto ‘demonic: https://inc42.com/buzz/critics-call-govts-move-to-levy-28-gst-on-crypto-demonic/ ; Trading volumes on Indian exchanges rise amidst crashing crypto prices: https://economictimes.indiatimes.com/tech/technology/volumes-on-indian-crypto-exchanges-jump-as-bitcoin-crashes/articleshow/91493699.cms ; Cr ..read more
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Finance Ministry Meets Crypto Industry+DeFi Comes Under the Tax Department's Scrutiny
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: Finance Ministry meets crypto industry: https://www.coindesk.com/policy/2022/05/05/indias-parliamentary-finance-body-chides-crypto-industry-in-meeting-sources/ ; DeFi comes under tax department’s scrutiny: https://inc42.com/buzz/amid-ongoing-uncertainty-in-crypto-industry-defi-comes-under-tax-departments-scrutiny/ ; Reward points and e-vouchers not in crypto tax ambit: https://economictimes.indiatimes.com/news/economy/finance/reward-points-e-vouchers-out-of-crypto-tax-ambit/articleshow/91299526.cms ; India brings new cyber se ..read more
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India to frame crypto law only after global consensus+India’s stiff crypto tax laws take effect
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: India to frame crypto law only after global consensus: https://www.bloombergquint.com/crypto/india-will-frame-cryptocurrency-law-only-after-global-consensus ; India’s stiff crypto tax laws take effect: https://blockworks.co/indias-crypto-tax-takes-effect-with-industry-fearing-it-will-stifle-growth/ ; Crypto Has Become Less Attractive Due to New Tax Provisions in India: https://coincrunch.in/2022/04/01/crypto-has-become-less-attractive-due-to-new-tax-provisions-in-india/ ; Indian lawmakers continue to criticize cryptocurrencie ..read more
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Finance Ministry Planning Public Consultation on Crypto in Six Months
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: Finance Ministry to have public consultation on crypto in six months: https://www.cnbctv18.com/cryptocurrency/consultative-paper-on-cryptocurrency-likely-to-be-ready-in-few-months-sources-12847342.htm ; Crypto industry wants the government to reconsider the proposed 1% TDS: https://economictimes.indiatimes.com/tech/technology/crypto-players-want-finmin-to-relook-proposed-1-tds/articleshow/90209508.cms ; Crypto players seek clarity from Parliament Session: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-play ..read more
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India’s crypto exchanges mulling legal route against RBI+HDFC Bank and SBI Cards warn customers dealing in cryptocurrencies+more crypto news
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: India’s crypto exchanges mulling legal route against the RBI diktat: https://economictimes.indiatimes.com/news/economy/policy/cryptocurrency-exchanges-to-approach-sc-on-rbi-diktat/articleshow/83015528.cms ; HDFC Bank and SBI Cards Warn Customers Of Restrictions if They Deal In Cryptocurrencies: https://www.bloombergquint.com/crypto/hdfc-bank-sbi-card-warn-customers-of-restrictions-if-they-deal-in-cryptocurrencies ; Matter of time before Indians have legal access to crypto says HDFC Bank report: https://www.livemint.com/market ..read more
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RBI tells lenders to reconsider ties with crypto exchanges+INDmoney adds crypto trading to its platform+more crypto news
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Here are the top cryptocurrency news headlines from India this week: RBI tells lenders to reconsider ties with crypto exchanges: https://economictimes.indiatimes.com/news/economy/policy/rbi-tells-lenders-to-re-consider-ties-with-crypto-exchanges-traders/articleshow/82602081.cms ; Is Your Bank Not Supporting Cryptocurrency Trading: Here are 3 Things You Can Do: https://www.youtube.com/watch?v=U2Uga4bO4ZI&t=6s ; INDmoney adds crypto trading to its platform: https://inc42.com/buzz/indmoney-crypto-trading-amid-market-boom-will-other-investment-apps-follow-suit/ ; Vitalik Buterin donates $1 bil ..read more
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Ethereum Hits All-Time High+Former Cricketer Brett Lee Donates 1 Bitcoin for COVID-19 Relief Efforts in India+More Crypto News
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Donate Crypto to Sandeep Nailwal's Crypto Relief Campaign: https://cryptorelief.in/ Donate WRX, BUSD or USDT for COVID-19 relief efforts: https://donate.wazirx.com/ Here are the top cryptocurrency news headlines from India this week: Ethereum Hits All-Time High; Tweet thread by Spencer Noon - 10 signs $ETH is well on its way to $10k: https://twitter.com/spencernoon/status/1388141627764613122 ; Cricketer Brett Lee donates 1 Bitcoin for COVID-19 relief efforts in India: https://www.youtube.com/watch?v=iMt3lmVLBso&t=1s ; Binance To Donate over 1000 Oxygen Connectors to India: https://coincru ..read more
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Tiger Global invests $25 million in CoinSwitch Kuber+Vitalik Buterin Donates $600K in Crypto for COVID-19 Relief in India+More Crypto News
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Donate Crypto for COVID-19 Relief (Link to Sandeep Nailwal's Tweet): https://twitter.com/sandeepnailwal/status/1385968552679727113 Sign up on Bitbns to purchase the hardware wallet: https://ref.bitbns.com/96092 Here are the top cryptocurrency news headlines from India this week: Tiger Global invests $25 million in CoinSwitch Kuber: https://www.bloombergquint.com/business/tiger-global-makes-25-million-bet-on-indian-crypto-exchange ; Ethereum Co-Founder Vitalik Buterin Donates $600K in Crypto For COVID-19 Relief in India: https://gadgets.ndtv.com/internet/news/etheruem-cofounder-donates-covid ..read more
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Bitcoin Heading Towards a New ATH+Tech Mahindra to Launch Blockchain Solution for BFSI Clients+More Crypto News
Cryptocurrency India Weekly
by Crypto Dost
2y ago
Our top cryptocurrency news headlines from India this week: Bitcoin heading towards a new All-Time High; Tech Mahindra to launch blockchain solution for BFSI clients: https://www.livemint.com/companies/news/tech-mahindra-to-launch-blockchain-solution-for-bfsi-clients-11617605916045.html ; UNDP and Spices Board ink MoU for blockchain-powered system: https://www.thehindu.com/news/national/karnataka/spices-board-inks-deal-with-undp-to-develop-blockchain-powered-traceability-interface/article34255490.ece ; CoinDCX introduces 7M token listing framework: https://coincrunch.in/2021/04/08/coindcx-go-i ..read more
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