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CRYPTOCURRENCY REGULATION INDIA
Non-compliance notices issued to 15 Virtual Digital Asset service providers under PMLAIndia's Financial Intelligence Unit issued notices to fifteen Virtual Digital Assets Service Providers. These firms operated without comply...
Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...
Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
Govt left with a losing hand as offshore RMG sites find a cheat codeMultiple users on social media platforms like X continue to complain that their money is stuck on offshore platforms such as Parimatch, 1Xb...
Bitcoin tops $80,000 for first time since May as soft dollar, debasement fears boost momentumBitcoin surged above $80,000 to a more than three-month high, gaining 16% since last week and 28% in August. A weaker US dollar, softer bon...
Divorce dispute turns into legal battle: The financial costs a husband may faceThe aftermath of matrimonial disputes often lingers long after a marriage has ended, imposing hefty financial and legal challenges on men. ...
‘Crypto today is where mutual funds were in 1995’: BitDelta India CEO on digital assets and their role in your portfolioVikaas M. Sachdeva, CEO of BitDelta India, talks to Abhinav Kaul about his journey from mutual funds and PMS to crypto, and where digital a...
Long-term investing: One reason is good enough, and a must, to own a business. 8 stocks with an upside potential of up to 36%In today’s world, investors cannot assume that correlations that worked in the past will work in exactly the same manner now. We are in a p...
YouTube’s creator middle class is pulling up a seat at the investment tableInvestment firms are recognizing YouTubers as a growing, underserved market. These firms offer capital and tools to help creators scale the...
Crypto exchanges to collect tax residency, ID details of users under new CBDT frameworkIndia now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annuall...
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
Explained: Why a Pakistani cleric issued fatwa against crypto trading and why it is spooking investorsA prominent Pakistani Islamic cleric has issued a fatwa declaring cryptocurrency trading haram under Sharia law. Mufti Muhammad Taqi Usmani...
Indian Consulate in Boston warns of scam calls impersonating embassy, law enforcement officialsThe Indian Consulate in Boston has alerted residents about a series of fraudulent calls aimed at the Indian community. Scammers pretend to ...
BigBasket’s profitability plan; UnifyApps eyes $100 million fundingHappy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETec...
RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
Crypto as commodity: What does it mean for you and the industry?This would be the first time that the cryptocurrencies will be categorised as per the technology used by them, but the government’s focus w...