Indian PM urges democratic countries to collaborate on cryptocurrencies
Indian Prime Minister Narendra Modi has grown increasingly vocal about cryptocurrencies. Go to Source Powered by WPeMatico
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India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification
Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework. Go to Source Powered by WPeMatico
Indian Parliament Committee Discusses Crypto Regulation With Industry Experts
India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated” and “There was a consensus that a regulatory mechanism should be put in place to regulate cryptocurrency.” First … Read more
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors reported by the media. RBI Has Serious Concerns About Crypto, Governor Doubts Veracity of Media Reports … Read more
India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report
The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns. India Reportedly Modifying Crypto Bill to Introduce at the Start of Winter Session of Parliament India is … Read more
India’s top payment firm Paytm reportedly considers Bitcoin services
In India, the regulatory environment surrounding Bitcoin is still in a “grey area.” Go to Source Powered by WPeMatico
Coinbase acquires Indian AI startup to improve customer service
Co-founded by Coinbase’s head of operations in India, Agara helps Coinbase with customer service using AI and machine learning. Go to Source Powered by WPeMatico
Indian government is reportedly considering regulating crypto as a commodity
Officials from India’s Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February. Go to Source Powered by WPeMatico
Indian Crypto Regulation Is Planned for February: Report
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. Indian Crypto Law Could Comes as Early as February The Indian government … Read more
Investment Advisers Prohibited From Crypto Activities in India, Regulator Warns
The Securities and Exchange Board of India (SEBI) has issued a warning that registered investment advisers are not allowed to engage in unregistered activities. This warning includes crypto activities since crypto is currently an unregulated industry in India. SEBI Warns Registered Investment Advisers Cannot Engage in Crypto Activities Indian securities and commodity market regulator, the … Read more
