The reduction in the figure is due to a stricter tax policy, with a new law requiring a 30% payment on profits from transactions
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Market
Jul 5, 2022
Trading volume on crypto exchanges in India drops by 72% in three monthsThe reduction in the figure is due to a stricter tax policy, with a new law requiring a 30% payment on profits from transactions
Market
Jun 10, 2022
Analysts reported growth in the number of crypto users in India by 421% over the yearBy March 2022, the audience of digital asset trading platforms has grown from 17 million to 90 million people
Business
May 11, 2022
Coinbase halted operations in India due to regulatory pressureThe head of the exchange Brian Armstrong said that there are individuals in the government who “do not seem to be as positive on” cryptocurrencies
Business
Apr 12, 2022
Binance founder announced the possible leadership of India in Web 3.0Changpeng Zhao believes that India will play an important role in the development of cryptocurrencies
Business
Apr 11, 2022
Coinbase suspended payments via UPI in IndiaThe National Payment Corporation of India stated that they are not aware of any crypto exchanges using the Unified Payment Interface (UPI)
Market
Apr 8, 2022
Coinbase announced its entry into the Indian marketThe company plans to work on developing and expanding the crypto and web3 community
Market
Apr 4, 2022
Crypto trading volumes on Indian exchanges have almost halvedThis was influenced by an increase in the tax rate on transactions with digital assets to 30%
Incidents
Mar 29, 2022
Indian authorities accused 11 crypto exchanges of tax evasionThe total amount of damage exceeded $12,6 million
Crypto regulations
Mar 25, 2022
India to impose a 30% tax on cryptocurrency transactionsIndians will start paying capital gains tax on crypto transactions from April 1
Business
Mar 18, 2022
Taiwan’s crypto exchange MaiCoin is valued at $400 millionThe exchange is considering going public on the Nasdaq stock exchange within two years
Politics
Mar 8, 2022
India’s Finance Minister: CBDC has clear advantagesThe Indian Ministry of Finance is consulting with the Reserve Bank on the national digital currency
Market
Mar 3, 2022
India has seen a surge in demand for blockchain specialistsThe recruiters are looking for professionals with cryptocurrency experience and institutions are offering training in this field