News with the tag "Crypto India"

Crypto exchange Coinbase is planning to re-enter India’s crypto space two years after it discontinued operations in early 2023. The crypto exchange has recently registered with the Indian regulator – Financial Intelligence Unit (FIU) – thereby gaining approval to offer crypto trading services in the...

India is reviewing its cryptocurrency regulations following global policy changes and shifting attitudes towards digital assets. The country is reassessing its approach as various governments, including the United States, introduce new policies on cryptocurrency. India To Reevaluate Cryptocurrency R...

Indian Economic Advisor (CEA) V. Anantha Nageswaran said that regulators should not stand in the way of crypto, Bitcoin, and gaming innovations. His comments send a strong signal to Indian regulators who have been trying to restrict banking associations with crypto firms in the past, as well as putt...

India has once again emerged as the global leader in cryptocurrency adoption, according to a recent report by blockchain analytics firm Chainalysis. This marks India’s second consecutive year which topped the charts, demonstrating continuous interest among investors who continue to engage with digit...

The newly elected Indian government under Prime Minister Narendra Modi will present the Union Budget later this month on July 23. India’s crypto industry is looking forward to this budget with high hopes expecting some tax reliefs along the way. Furthermore, the crypto industry is also looking for c...

The launch of US spot Bitcoin ETFs in January this witnessed attracted a huge pool of institutional players with total inflows surging past $12.3 billion so far. Interestingly, it turns out that the Bitcoin ETFs have been attracting wealthy investors from overseas, especially from India. Indians Use...

KuCoin has announced the implementation of a 1% Tax Deducted at Source (TDS) for its users in India. This development follows the successful registration of the exchange’s Financial Intelligence Unit (FIU) in the country. From April 10, 2024, the platform will charge TDS on the transfer of Virtual D...

PeepalCo, the parent company of CoinSwitch, has embarked on an ambitious venture into the stock market with the launch of Lemonn. This strategic move comes at a time when the Indian equities market is experiencing unprecedented growth, having tripled in value since the outbreak of the Covid-19 pande...

CoinSwitch, a significant player in India’s cryptocurrency exchange realm, has recently unveiled Lemonn, a fresh addition to its repertoire in the form of a stock trading application. Lemonn’s emergence comes as a strategic response to the challenges faced by the cryptocurrency market, particularly ...

Dilip Asbe, the managing director of the National Payments Corporation of India (NPCI), recently voiced his support for the Reserve Bank of India’s (RBI) innovative central bank digital currency (CBDC) initiatives. Speaking at a panel during Mumbai Tech Week, Asbe…