Cryptocurrency Analysis and News Portal
The Economic Times, one of India’s top finance newspaper, dedicated its entire front page to call on the government to provide regulatory guidance to the crypto industry.The Indian government has been sitting on a crypto regulation bill for at least a year. Meanwhile, since the Supreme Court lifted the Reserve
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The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning them not to deal in assets that are not regulated in the country.SEBI said it would take action against any investment adviser dealing in unregulated assets, including digital gold.
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CEO Ashish Singhal said the company is making “amazing progress” in its conversations with the government and regulators.Oct 19, 2021 at 12:18 p.m. UTCUpdated Oct 19, 2021 at 4:35 p.m. UTCL to R: Vimal Sagar, co-founder and COO; Govind Soni, co-founder and CTO; and Ashish Singhal, co-founder and CEO (CoinSwitch
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“The future of a platform lies in its creators. On one side, we have an immense talent pool that needs to be explored, and rewarded with an ethical amount of monetization. On the other side, while Crypto experiences a rapid expansion in India, $GARI is poised to make it mainstream,
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The exchange has set itself the goal of onboarding 50 million Indians with the launch of new crypto products and services such as lending and staking.Oct 6, 2021 at 8:14 a.m. UTCUpdated Oct 6, 2021 at 8:14 a.m. UTCL to R: Vimal Sagar, co-founder & COO; Govind Soni, co-founder &
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As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of Finance, has signaled interest to tax crypto earnings through trade and exchanges. However, the sources
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The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve
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The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of
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India’s recent past has been tumultuous on the cryptocurrency front, yet the local industry is nonetheless rumored to be on the verge of producing another crypto unicorn. According to an unconfirmed report published Tuesday, sources allegedly familiar with the matter have claimed that crypto exchange CoinSwitch Kuber is in the “advanced
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