indian cryptocurrency regulation

Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’

February 14, 2022 Bitcoin.com

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The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies Internally Indian Finance Minister Nirmala Sitharaman revealed Monday that the government is […]

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Indian Parliament Member Clarifies Legal Status of Cryptocurrency

February 13, 2022 Bitcoin.com

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Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India. Legal Status of Crypto in India Following the finance minister’s announcement to tax cryptocurrency income, the question of whether crypto […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms

February 11, 2022 Bitcoin.com

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India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto transactions will be taxed at 30%. Finance Minister Reveals Status of Crypto […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister

February 9, 2022 Bitcoin.com

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India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency. Indian Finance Minister on Monitoring Crypto Sector and RBI’s […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting

February 5, 2022 Bitcoin.com

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India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors. Economic Affairs Secretary Discusses Cryptocurrency Regulation in India India’s economic affairs secretary, Ajay […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated

January 5, 2022 Bitcoin.com

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A renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary Policy Committee Member Says a Complete Crypto Ban Is Difficult to Implement Ashima […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Coinbase Opens Office in India Despite Crypto Ban Reports

March 30, 2021 Bitcoin.com

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Cryptocurrency exchange operator Coinbase has announced that it is establishing a business presence in India. The company has also posted several job openings for its Indian operations despite reports that the government may ban cryptocurrencies. Coinbase Sets up Shop in India Coinbase has officially announced its expansion into India. The company said last week: We’re […]

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report