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CRYPTOCURRENCY INDIA BAN
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
Willing to accept stricter regulations; ambiguity impacting growth: Crypto exchangesIn most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulating the crypto asset per se, said ...
Proposed bill banning crypto payments could mean jail for violationsAccording to the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on minin...
Cryptocurrency regulation: Indian govt taking forward-looking steps, says reportPrime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue...
RBI ex-Guv Subbarao explains why RBI is anxious about cryptocurrenciesIn an interview with ETMarkets.com, former RBI Governor Dr D Subbarao said RBI’s concerns over cryptocurrencies like Bitcoin are three-fold.
Will cryptocurrency ever be accepted as a ‘good’ asset class?In India, where cryptocurrency adoption is rising fast, businesses involved in the space are breaking away from the ideas of Satoshi Nakamo...
Why reports of a looming ban drive more people towards cryptoMany people want to get in on the action quickly as any ban would make them harder to obtain.
Tax us more but don’t ban us, cryptocurrency exchanges tell govtExperts say that the GST on cryptocurrency exchanges and income tax levied on investors’ returns could substantially wipe out returns and p...
Cryptocurrency in India: The past, present and uncertain futureTo understand the ongoing controversy over cryptocurrency in India, we need to examine how we got here.
Crypto conundrum: Digital Currency future seems vague in IndiaWhile the world is basking in the glory of cryptocurrency, its future in India seems vague. Considering the gamut of opportunities it can b...
Crypto investors may switch to peer-to-peer transfer in case of banExchanges reach out to government, claim ban will trigger a spurt in illegal activities
Crypto exchanges, experts may move outIndustry, investors fearing a drain of both talent and business in case of an adverse bill
View: India does not need a ban but a robust policy on cryptoDuring the Covid-19 pandemic, when a majority of Indians were facing pay cuts and job losses, the average daily crypto assets trading volum...
With a law, India plans lasting ban on cryptosNew law will deal a blow to investors, exchanges and other entities dealing in virtual currencies.