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Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
21.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
Indian crypto tax policy to treat each digital asset investment independently
21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses
RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think
17.3.2022
It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power
RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency
17.3.2022
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that India’s central bank digital currency (CBDC), that the RBI will launch this financial year...
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
16.3.2022
India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000
Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
16.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
Bitcoin runs the world: Traveling to 40 countries in 400 days with BTC
16.3.2022
A runner and Bitcoin hodler from India is on a mission to travel to 40 countries in 400 days using Bitcoin only
India Targets 700 Crypto Investors for Non-Payment of Taxes: Report
16.3.2022
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with...
Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
15.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
11.3.2022
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000
First Mover Asia: Signs Point Upward for Crypto in India and Korea; Bitcoin and Ether Soar on US Executive Order
10.3.2022
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development
BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments
6.3.2022
PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamless and easy-to-integrate crypto onboarding infrastructure technologies, in line with their...
First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment
3.3.2022
An increase in commodity prices could eat into India investors’ skyrocketing appetite for cryptocurrencies
India’s First Crypto Index Will Be Available on Bitbns From April
2.3.2022
Despite having a large market, the cryptocurrency infrastructures have not been very satisfying for investors in India. This is partly due to the discouraging attitude of the government towards virtual currencies and partly because of the lack of exposure to the lucrative projects from the DeFi...
SEC unable to locate BitConnect founder convicted in $2.4B fraud case
1.3.2022
BitConnect founder is being sued for illegally raising funds and defrauding American investors of over $2 billion
India's Top Court Queries Government on Crypto, but May Not Expect a Response
28.2.2022
The question was asked during a bail hearing and a court order didn't say it needed an answer
India Unveils Guidelines for Crypto Advertising
25.2.2022
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”...
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
25.2.2022
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000
Indian Advertising Watchdog Releases New Guidelines For Crypto Ads
23.2.2022
The Advertising Standards Council of India (ASCI) has released new guidelines for advertising virtual digital assets and related services in a bid to introduce industry standards.
The council said in a statement that the guidelines were developed following extensive consultation with relevant...
Five key takeaways from the official Indian crypto ads guideline
23.2.2022
The new guidelines regulate the size and language of disclaimers while prohibiting portraying the market as a ‘get rich quick scheme.’