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CRYPTO TO FIAT CONVERSIONS
Banks to seek more details from account holders under amended Income Tax Rules, 1962; check what new information you may have to shareNew Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-ce...- The Rupee's next revolution: A leap into cryptoIndustry leaders anticipate the launch of rupee-backed stablecoins in India, potentially revolutionizing digital payments and enhancing fin...
- Some US banks explore venturing into crypto with joint stablecoin: ReportOne bank consortium possibility that has been discussed would be a model that lets other banks use the stablecoin, in addition to the co-ow...
- This new crypto is poised to rise in the $190 trillion payments landscapeRemittix, a new PayFi protocol, is set to revolutionize the $190 trillion global payments industry with its seamless crypto-to-fiat convers...
- A Step-by-Step Guide: How to Convert Bitcoin & crypto to CashLearn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conver...
- Best Crypto Exchanges & Apps in India for 2024Cryptocurrency market in India flourishes with platforms like Mudrex leading the way. Investors benefit from diverse tokens, top-tier secur...
- Betting app Fiewin in ED crosshairs; attaches assets including cryptocurrency in BinanceThe ED probe in Kolkata found Chinese nationals allegedly operating Fiewin with the help of Indian accomplices. Four Indian nationals linke...
- Best crypto exchanges & apps in India for August 2024Discover India's leading cryptocurrency exchanges for August 2024, evaluated based on crucial factors for investors: ease of use, transacti...
- Bringing crypto transactions under the lens of the PMLA: What does this mean for the market?Transactions on a blockchain are anonymous. So, transaction tracing and implementing foreign exchange controls can become extremely difficu...
- Binance to convert users' USD Coin into its own stablecoinStablecoins are a type of cryptocurrency designed to maintain a constant value, for example through a 1:1 U.S. dollar peg. They play a cruc...
- Singapore trading platform recognises crypto assets of accredited investors"Cryptocurrencies are here to stay. They no longer exist only on the fringes of wealth and investment conversations," said ADDX CEO Oi-Yee ...
- Should you really treat stablecoin as mainstream cryptocurrency?Stablecoins, simply put, are cryptocurrencies with very little volatility and stability in prices, as they are backed by cash and cash asse...
- View: Will cryptos be goods or money under GST framework?Given that cryptocurrencies can arguably meet the criterion of being 'moveable property', they could well qualify as 'goods' under the Cent...
- Investors rush to seek tax advice on cryptocurrency investmentsTax experts are divided as to whether the returns from crypto assets must be categorised as capital gains-what is applicable on assets such...
- Investors rush to seek tax advice on crypto investmentsMany investors who invest or trade frequently in cryptocurrencies are rushing to their advisors to figure out the tax implications of their...
- Why you shouldn't brush aside Shaktikanta Das' concerns over cryptocurrenciesThis is not the first time Das has urged caution on cryptos. His speech on Tuesday, coming days after the PM convened a meeting on the issu...
- View: Stablecoins threaten financial system, but no one is getting to grips with themLike other cryptocurrencies, stablecoins move around on the same online ledger technology known as blockchains. The difference is that thei...
- Ethereum founder Vitalik Buterin donates $1.14 billion in 'meme coins' to Covid-hit IndiaVitalik Buterin transferred 500 Ethereum coins and over 50 trillion SHIB (Shiba Inu) collectively worth $1.14 billion to India’s Covid-Cryp...
- Indonesia’s Pundi X looks to launch crypto PoS networkThe company plans to launch its network in Singapore, Indonesia followed by India later this year.
- Singapore startup takes bitcoin into real world with visaThe company has built an app that serves as a digital wallet connected to the Visa card so that when it’s swiped at a cafe or restaurant, t...
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