India mandates new disclosure rules for cryptocurrency companies
Starting today, India’s crypto firms must report all cryptocurrency transactions to the government. What does this mean for India’s proposed crypto ban?
Starting today, India’s crypto firms must report all cryptocurrency transactions to the government. What does this mean for India’s proposed crypto ban?
Other top blockchain and cryptocurrency news: Ethereum takes up with Amazon, plans gas fee changes. China likely to increase blockchain spending.
As debate rages over whether India should ban private cryptos in favor of a central bank digital currency, a case could be made that India needs both.
India is moving toward banning all cryptocurrency and creating a state-backed digital rupee. But Tesla’s big bitcoin buy-in may be giving lawmakers pause.
Now that India no longer has a crypto banking ban, what are Indian attitudes toward cryptocurrency? CoinDCX surveys 11,000 people for answers.
India is now a vibrant cryptocurrency hub, but its future remains uncertain. Sathvik Viswanath of Unocoin explains what’s holding back the nation of 1.3 billion.
Regulatory uncertainties over crypto — coupled with Indians’ tendency not to rebel — have prevented decentralized finance from taking off in India despite the unbanked’s tremendous needs, says Siddharth Verma of Nuo Network.
Ripple recently laid out a framework for India to legalize crypto through regulations. But does the Indian government have the incentives and will to do so?
India’s cryptocurrency market has vast potential — what’s holding it back? A continued lack of regulatory clarity as well as crypto education, says CoinDCX co-founder Neeraj Khandelwal.
India could reap greater economic growth, cut down on corruption and more if it adopts a more progressive stance on cryptocurrency. A leading role in Asia is New Delhi’s for the taking.