India's evolving relationship with virtual digital assets (VDA) calls for a clear regulatory framework to foster innovation, protect invest...

India has no set timeline for comprehensive virtual digital asset regulations, citing the need for international collaboration. The governm...

Political discourse and public sentiment shape the regulation and adoption of digital assets (VDAs). In India, VDA was recognized in 2023 u...

India's crypto sector sees regulation with tax laws and anti-money laundering measures. G20 Presidency promotes stablecoins and financial s...

As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX and Coinswitch, have registered themselves with th...

The prevalence of centralized exchanges stems from their user-friendliness and simplified trading processes. However, investors must recogn...

The 1% TDS on virtual digital assets, introduced from July 1, 2022, has led to an exodus of users, funds and trades to offshore platforms, ...

The transactions pertaining to income from transfer of virtual digital assets is required to be disclosed under the Schedule VDA in the ITR...

Service providers to spot beneficial owners of wallets, monitor PEPs, receipts of Rs 10 L or more by NGOs

Budget 2022 provided the clarification regarding how virtual digital assets (VDAs) such as crypto, non-fungible tokens etc. will be taxed f...

The Central Board of Direct Taxes has issued a circular explaining the guidelines about how TDS will work on crypto, virtual digital assets...

Crypto advertisements between January and May 2022 by social media influencers red-flagged by the body

According to the circular, if the ITR was not filed for the relevant previous fiscal year and the aggregate TDS and tax collected at source...

ASCI is a self-regulatory body, and its guidelines are not legally binding. In case of a breach, the standards body has in the past publish...

The decision was taken by the Blockchain and Crypto Assets Council (BACC), which has more than two dozen crypto exchanges and crypto-relate...

The Advertising Standards Council of India (ASCI) said on Wednesday that all virtual digital asset (VDA) products and services should carry...

Focusing on the unregulated nature of VDAs, the council has prohibited the use of words such as 'currency', 'securities', 'custodian' and '...