India plans to tax cryptocurrencies The Indian authorities are planning to introduce taxation of bitcoin exchanges and transactions with digital assets instead of banning cryptocurrencies. It is reported by The Economic Times. According to sources, ...
Tax for cryptocurrency exchanges decided to introduce in India Tax for crypto exchanges decided to introduce in India. The Central Bank of India announced in late May that the country’s commercial banks have no right ...
India plans to introduce a tax on cryptocurrency bought abroad The Indian authorities may impose a 2% tax on cryptocurrency purchased on foreign exchanges, CoinDesk writes, citing local media outlets. India’s Tax Department is studying ...
Bitcoin legalized in India as an asset class Bitcoin in India will be legalized. This is reported by New Indian Express, citing its sources. The Indian government has revised its negative attitude towards cryptocurrencies and is ...
Reserve Bank of India has denied the ban on crypto transactions The regulator clarified that banks and other financial institutions are not allowed to advise clients not to conduct transactions with digital coins. The Reserve ...
HashCash CEO Compares the ban of Bitcoin in India to the abandonment of the dollar Raj Chowdhury, CEO of a large blockchain-based software company, warned of serious consequences for the Indian economy if the country introduces ...
Indian Authorities are Preparing a bill to Completely Ban Cryptocurrencies The country’s authorities are preparing to criminalize the storage, issuance, receipt, trade, and transfer of digital money. This is reported by Reuters in its publication. ...
Cryptocurrency ban will be a trillion-dollar mistake for India India has no plans to lift the country’s cryptocurrency ban, according to information from Bloomberg. Indian authorities will ensure a smooth transition to the cryptocurrency ban. ...
Indian regulator proposes 18% tax on Bitcoin Trading The Central Economic Intelligence Bureau (CEIB) proposes to tax cryptocurrency trading at 18%. The agency classifies bitcoin as an “intangible asset”, reports The Times of India. This is ...
Diwali bumper gifts for BitXmi Traders BitXmi Team congratulates all Indians and Hindus on Diwali. During the Diwali holiday, it is customary to light lamps, prayers to Lakshmi, the goddess of wealth and prosperity, and ...
