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INDIA RULES CRYPTOCURRENCY
Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.- Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
- Curb your overenthusiasm: Why India must avoid early overregulation while drafting rules for new techIndia faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...
- Jane Street employees set to get $2.68 million payout after record revenue haulJane Street Group surged to the top of Wall Street with record trading revenue and $9.38 billion in compensation. Its unconventional struct...
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
- US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
- 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...
- 'No case made out': Thane court grants bail to CoinDCX co-founders held for cheatingCoinDCX co-founders Sumit Gupta and Neeraj Khandelwal received bail in Thane. A court found no prima facie case against them in a Rs 71.60 ...
- JioCoin Launch: How to earn digital tokens and what it means for usersReliance Jio has launched JioCoins, a blockchain-based digital token built on Polygon. JioCoins reward users for browsing via JioSphere and...
- ITR for crypto gains: What should investors keep in mind?All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rat...
- India's money laundering rules to apply to crypto trade, states govt notificationExtending India's money laundering rules to cryptocurrencies will give authorities greater authority in monitoring the transfer of these as...
- India's money laundering rules to apply to crypto trade, says govt notificationThe exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets and the t...
- Next financial crisis will come from private cryptocurrencies: RBI Governor Shaktikanta DasThe next financial crisis will occur due to private cryptocurrencies, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesda...
- Willing to accept stricter regulations; ambiguity impacting growth: Crypto exchangesIn most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulating the crypto asset per se, said ...
- Crypto rules around the worldWhile India awaits its Cryptocurrency Bill, here’s a look at crypto regulations in five countries, two of which are crypto-friendly, two cr...
- Cryptocurrency regulation: Indian govt taking forward-looking steps, says reportPrime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue...
- 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...
- Crypto exchanges want Sebi or a new entity as regulator, not RBINature of the assets is closer to a commodity and not a currency and hence falls within the domain of the capital markets regulator as oppo...
- Follow Singapore model to regulate cryptocurrency in India: ExpertsSingapore had proactively taken measures to prevent nefarious activity without impending technology innovation, which India could learn fro...
- Out of favour now, cryptocurrencies may have found a saviour in the ShariahShariah, the religious and social code for Muslims, forbids speculative trading. However, a few companies have found a way to get around th...
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