The RBI Governor Shaktikanta Das has severally admitted that the country is moving towards CBDC adoption amid de-dollarization.
With 19 of the G20 nations in the advanced stage of Central Bank Digital Currency (CBDC) development, the most populous...
India has been indecisive about whether to ban crypto or not, but it comes off as one of the nations that levy up to 28% tax on proceeds from digital currencies and their underlying trading activities.Shaktikanta Das, the...
American cryptocurrency exchange platform Coinbase Global Inc's COIN chief blamed India's central bank for putting "informal pressure" weeks after it halted trading service in the country.What Happened: The crypto exchange's CEO Brian Armstrong on the company's quarterly earnings call,...
Govt to unveil non-personal data framework in 10 days: IT Minister
A framework comprising the use of non-personal data will be released by the government within ten days, Minister for Electronics and Information Technology Ashwini Vaishnaw revealed in his remarks...
The cryptocurrency tax was the first step taken by the Government of India to bring cryptocurrencies under some form of regulation. However, it seems more is in store, especially taking the statements by the country’s RBI Deputy Governor...
The Indian Finance Minister Nirmala Sitharaman was unequivocal when she declared that “I don’t wait until regulations come in place to tax people making profits.” However, on NDTV’s question on the new tax, the FM clarified that the tax...
