Gazette notification may allow more ministries to block contentSources told us that the government could use a gazette notification to give multiple ministries content-blocking powers under the Informat...
Dog census essential for success of Animal Birth Control programme: ReportMunicipal authorities in Delhi-NCR need a dog census for effective animal birth control. A report highlights the lack of concrete numbers f...
Mixed reactions to data law with some flagging costs, gapsExperts see the DPDP Rules as a detailed but operationally demanding framework. “The absence of guidance on the criteria, composition of th...
SC seeks govt’s detailed response as gaming firms contest blanket banThe Supreme Court on Tuesday asked the government to file a “comprehensive” reply to various petitions filed by online gaming companies cha...
WazirX suffers security breach; $235 million worth of funds movedWazirx security breach: Indian crypto exchange WazirX said in a post on X (formerly Twitter), "We're aware that one of our multisig wallets...
Indian crypto investors take illegal routes to avoid tax burdernPeer-to-peer trading through escrow services on banned crypto exchanges has increased five times during weeks of high trading volume in Mar...
Cryptoverse: Asian traders give bitcoin blast-off; huge interest visible in IndiaAsia accounted for $791 billion of the $1.17 trillion worth of bitcoin traded in February, with North American investors lagging way behind...
India blocks global crypto sites Binance, Kucoin, OKX, others over laundering fearsIndia blocked access to foreign cryptocurrency exchanges like Binance, Kucoin, and OKX, as well as virtual digital asset service providers....
Binance loses India traders to local firms it recently dominatedSince Indian authorities in late December began restricting access to Binance and other foreign crypto exchanges operating there without lo...
CoinDCX offers 1% bonus to investors shifting from foreign crypto platformsCoinDCX has earmarked $1 million as incentives for investors looking to withdraw from offshore crypto exchanges, with a cap of Rs 10,000 pe...
CoinDCX offers 1% bonus to investors shifting from foreign crypto platformsExpects step to drive fresh inflows, boost cryptocurrency deposits
90% crypto trading shifted to offshore platforms on TDS: studyThe 1% TDS on virtual digital assets, introduced from July 1, 2022, has led to an exodus of users, funds and trades to offshore platforms, ...
Centre losing revenue as crypto trading moves offshoreThe 1% TDS on virtual digital assets, introduced from July 1, 2022, has led to an exodus of users, funds and trades to offshore platforms, ...
Average user spends below Rs 100 on online gaming, Rs 200-400 on OTT: SurveyPublished in a working paper of IIM Ahmedabad, the survey outlines that users spend the maximum time about 194 minutes a day on social medi...
Great Expectations: What the Indian crypto industry is hoping for in Budget 2023The current tax architecture should be changed to allow for set-off and carry forward of losses in VDAs similar to equity shares/derivative...
Domestic crypto trade volume worth 32,000 crore shifted to foreign boursesGovt had introduced a 30% tax on income from transfer of virtual assets in last year’s Budget.
Unwise for India to place bans on private crypto assets: ReportThe Indian crypto asset industry has witnessed exponential growth over the last five years. An estimated 15 million crypto-asset holders ha...