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CRYPTOCURRENCY PAYMENT LOOPHOLE
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loopholeUnified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently co...- US senators introduce long-awaited bill to define crypto market rulesU.S. senators late Monday night unveiled draft legislation that would create a regulatory framework for cryptocurrency which, if signed in...
- 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...
- 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...
- ED investigates Indian links of foreign gambling apps, suspects over Rs 1 lakh cr betsThe Mahadev scam, revealing extensive illegal online betting networks, is far from resolved despite some progress. The Enforcement Director...
- Overseas players too will have to pay 28% GST on bets placed on domestic e-gaming platformsThe amendment in IGST Act gives powers to the Government to notify such goods, so that in case of import of such goods IGST can be levied a...
- ETtech Exclusive: Non-permissible online games face payment gateway blockMeitY is expected to issue orders to fintech and payment firms to deny access to non-permissible games.
- India's e-rupee unpopular as central banks push digital currencyA CBDC aims to complement, rather than replace, current forms of money, and "holds a lot of promise by way of ensuring transparency, and lo...
- Home Ministry asks states, UTs to take urgent action against predatory Chinese lending appsIt said a large number of complaints have been reported across India related to illegal digital lending apps that provide short-term loans ...
- 'Depegged' TerraUSD butchered LUNA; Terra plunged 97% in a monthThe token, which dropped 55 per cent on Tuesday, eroded another 85 per cent on Wednesday. In the last couple of days, it has wiped out abou...
- FAQ on taxation of crypto, virtual digital assets in worksThe DEA, Revenue Department and the Reserve Bank are working to ensure that the taxation aspect is clear both for field tax offices as well...
- NCB arrests 22 in darknet drugs network bust after pan-India raidsThe alleged cartel ran three different darknet drug syndicates, including The Orient Express, a Telegram-based group with 300 members, and ...
- PM Modi launches e-RUPI: What is it and why is it being envisaged as an alternative to DBT?The new digital payments system has been developed over the existing Unified Payments Interface (UPI) rails by the National Payments Corpor...
- More Bark, Less Bite: China crypto players shrug off latest crackdownChina's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto fin...
- China crypto players shrug off Beijing's latest crackdownCryptocurrencies could still be bought from China on Thursday and investment schemes promising juicy returns for mining them remained opera...
- What Beijing's new crackdown means for cryptocurrency in ChinaMany of the new rules expand on previous restrictions aimed at cryptocurrencies and close loopholes that had allowed some finance and payme...
- What Beijing's new crackdown means for cryptocurrency in ChinaMany of the new rules expand on previous restrictions aimed at cryptocurrencies and close loopholes that had allowed some finance and payme...
- Employees putting up job information on social media prone to cyber attacksA recent report by EY on ‘Cybercrime Incidents in India’ highlights how social media is emerging as one of the biggest risk zones for cyber...
- Social media emerging as the most valuable target zones for cyber attackersA recent report by EY on Cybercrime Incidents in India highlighted how social media was emerging as one of the biggest risk zones from the ...
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