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India

Taiwan’s XREX digital currency exchange suspends INR trading as India’s TDS law kicks in
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13 July, 2022

Taiwan’s XREX digital currency exchange suspends INR trading as India’s TDS law kicks in

According to Business Insider, XREX sent out a notice to users on June 30 directing them to withdraw their INR...
Learn and mingle at the first Enterprise Utility Blockchain Summit India
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11 July, 2022

Learn and mingle at the first Enterprise Utility Blockchain Summit India

The first-ever Enterprise Utility Blockchain Summit India, powered by BSV blockchain, and will be held at the Radisson Blu Atria...
RBI: Chances of India’s ‘cryptoisation’ limited but still need close monitoring
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6 July, 2022

RBI: Chances of India’s ‘cryptoisation’ limited but still need close monitoring

The Reserve Bank of India states that digital assets don't pose a significant risk because the market is relatively small,...
India’s blockchain and digital currency-related job listings grew by 804% since 2020: Indeed
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3 July, 2022

India’s blockchain and digital currency-related job listings grew by 804% since 2020: Indeed

The data from the report shows that digital assets-related job roles comprise about 67.48% of all tech hires from April...
CoinDCX: Restricted withdrawals will strengthen compliance and risk framework
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30 June, 2022

CoinDCX: Restricted withdrawals will strengthen compliance and risk framework

The notice comes after users took to social media to decry the lack of explanation for the suspension of withdrawals...
RBI collaborating with top banks for blockchain-based trade financing pilot project
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29 June, 2022

RBI collaborating with top banks for blockchain-based trade financing pilot project

Top banks currently involved in the pilot include HDFC Bank, ICICI Bank, and State Bank of India (SBI). Axis Bank,...
India clarifies rules for filing controversial 1% TDS for digital assets
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28 June, 2022

India clarifies rules for filing controversial 1% TDS for digital assets

The circular from the CBDT amends the Income Tax rules to specify how firms and individuals should comply with the...
Indian digital currency exchanges asking NPCI to restore UPI services: report
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23 June, 2022

Indian digital currency exchanges asking NPCI to restore UPI services: report

In April, NPCI issued a notice that it was unaware of any digital currency exchanges using the UPI system. The...
UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official
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20 June, 2022

UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official

Omar Khan, the body's Director of International Offices, disclosed that the deal's focus areas would be blockchain technology and innovation-focused...
How to file your digital currency taxes in India? Tax expert explains
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17 June, 2022

How to file your digital currency taxes in India? Tax expert explains

According to Archit Gupta, founder and CEO of India-based digital currency tax filing startup Clear, India's tax regime for digital...
Reserve Bank of India deputy gov confirms 2023 launch for CBDC
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15 June, 2022

Reserve Bank of India deputy gov confirms 2023 launch for CBDC

T. Rabi Sankar's statement echoes the RBI's revelation in its annual report released earlier this month, where it said it...
India’s tax office clarifies website typo, 1% TDS for digital currency transactions stands
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14 June, 2022

India’s tax office clarifies website typo, 1% TDS for digital currency transactions stands

The clarification came after some observers noted that the TDS rate on the Income Tax Office's website was changed to...