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CRYPTO GREY ZONE
Decoding SAFU: The structural integrity checks every cryptocurrency exchange must passAs India's digital asset market matures, investors prioritize counterparty risk and verifiable institutional standards. The article outline...- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- 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...
- Itch to bet: Cryptos crawl into real money games bypassing banks, leave no trailSpurred by a penchant for betting, they are placing cryptocurrencies, instead of cash, with offshore bookmakers incorporated in Curacao, a ...
- Itch to bet: Cryptos crawl into real money gamesIndian players are now using cryptocurrencies to bet on offshore real money gaming sites. This trend emerges as a way to avoid banking chan...
- Binance wallets decrypted—taxman moves in on evadersIndia's tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. M...
- Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profitsIndian tax authorities are targeting over 400 individuals for evading taxes on crypto trades conducted on Binance. These individuals allege...
- Markets face 4% upside, 11% downside risk from current levels despite policy push: Amish ShahDespite policy support, India’s markets face limited upside of 4% and a potential 11% downside, says Amish Shah. Valuations, earnings downg...
- Indian crypto platforms thriving in regulatory grey zone, lower taxes: Zerodha's Nithin KamathIndian crypto platforms are witnessing a surge in futures trading, fueled by lower taxes, high leverage, and regulatory ambiguity. Zerodha’...
- Singapore tightens rules on crypto startups, Dubai rolls out the red carpet; what investors must know before they jump inSingapore is tightening its grip on digital asset firms. They must get licenses for overseas operations or leave foreign markets by June 20...
- Binance stops cash payment for P2P tradesBinance, the world's largest cryptocurrency exchange, has halted 'cash deals' for P2P trades in India, affecting traders who used the rupee...
- Budget 2024: Need for crypto-friendly budget, level-playing field, says WazirX's Rajagopal MenonRajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. ...
- Coinbase India launch brings UPI use for crypto under lensThe US-based company’s decision to allow clients to use the Unified Payments Interface (UPI) – a key digital payments railroad – to make ru...
- Real-life uses of virtual tokens: Gig pay, travel spends in cryptoBuying and selling has been the primary use-case for most types of cryptoholders. The prospect of higher returns compared to conventional a...
- What to know about the mysterious world of cryptocurrenciesIn her Union Budget 2022 speech, FM Nirmala Sitharaman said crypto transactions will be taxed at 30%. The Budget proposed that no deduction...
- What to know about the mysterious world of cryptocurrenciesCryptocurrencies, which ballooned during the pandemic, have lost over $1 trillion in market cap in a couple of months.
- Top cryptocurrency prices today: Bitcoin, Terra, Avalanche gain up to 9%The global crypto market cap eased marginally to $2.19 trillion mark compared to the last day. However, the total crypto market volume gain...
- Will crypto gain ‘currency’ as asset class since payment option is out?Crypto is still in a legal grey zone but it has become a household phenomenon amid the pandemic as the prospect of multi-bagger returns att...
- RBI, crypto players meet for the first time, discuss grey zonesAmid a crypto craze, fuelled by an ad blitz, it is unclear how cryptocurrencies are entering India to meet spiralling demand.
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