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India

India virtual currency industry calls for tax relief ahead of 2023 Union Budget
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22 January, 2023

India virtual currency industry calls for tax relief ahead of 2023 Union Budget

Stakeholders argue that reducing TDS from 1% to 0.01% would provide competitive prices to India's virtual currency users and safeguard...
Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
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19 January, 2023

Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned

Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to...
India’s CoinSwitch adds non-digital currency products amid stern tax policies
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15 January, 2023

India’s CoinSwitch adds non-digital currency products amid stern tax policies

The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed...
India gov’t launches awareness campaign on digital currencies and online gaming
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8 January, 2023

India gov’t launches awareness campaign on digital currencies and online gaming

IPEF has expressed concern over the rising incidents of digital asset fraud in India and the ignorance of residents investing...
Bank of India pushes for global regulatory efforts over digital asset industry
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3 January, 2023

Bank of India pushes for global regulatory efforts over digital asset industry

The RBI report suggested using the “same-risk-same-regulatory-outcome” principle, which would see the virtual currency service providers being regulated similarly to...
New Delhi residents fall victim to digital asset scam offering 200% returns
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2 January, 2023

New Delhi residents fall victim to digital asset scam offering 200% returns

Authorities in India have teamed up with Interpol for a massive manhunt to bring scammers, who allegedly defrauded investors of...
EUBS organizers on CoinGeek Backstage: How a simple coffee date became India’s inaugural global summit
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30 December, 2022

EUBS organizers on CoinGeek Backstage: How a simple coffee date became India’s inaugural global summit

It started out with Zoom calls on possible partnerships, morphed into an exchange of ideas over coffee and eventually became...
RBI governor warns next financial crisis will come from privately run digital currencies
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24 December, 2022

RBI governor warns next financial crisis will come from privately run digital currencies

Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing...
India finance minister: Regulating virtual currency industry requires international collaboration
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23 December, 2022

India finance minister: Regulating virtual currency industry requires international collaboration

Indian Finance Minister Pankaj Chaudhary says that any legislation governing digital assets would only be effective with global cooperation.
India has no plans to set up a common blockchain platform for banks
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22 December, 2022

India has no plans to set up a common blockchain platform for banks

India's Prime Minister Nirmala Sitharaman said that the reason for the government's apathy towards blockchain hinges on the fact that...
EUBS: India is ready for the blockchain revolution, organizers say
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14 December, 2022

EUBS: India is ready for the blockchain revolution, organizers say

Joe Holles De Peyer and Rohan Sharan joined CoinGeek Backstage on the sidelines of the Enterprise Utility Blockchain Summit in...
BSV Blockchain Association Citadel event in India a resounding success
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5 December, 2022

BSV Blockchain Association Citadel event in India a resounding success

The new India Citadel office is free to use by those in the BSV ecosystem and will host meetups and...