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Bitcoin News
EarnU, a play-to-earn crypto sports and esports prediction platform, has forayed into India, to target betting Indians looking to earn crypto rewards for correct predictions. See related article: How sports and crypto are knocking it out of the park Fast facts EarnU is a game that is free to play for BETU token holders. While […]
Pradipta Mukherjee
Regulation
Bollywood icon Amitabh Bachchan is in the crosshairs of Indian tax authorities again, this time for NFT sales.
Pradipta Mukherjee
Regulation
In a move that may adversely impact crypto adoption in the country, India’s government said its pending tax law for virtual digital assets will not allow offsetting gains on one crypto with losses from another. See related article: India may impose 28% GST on crypto transactions Fast facts India’s government plans to collect a 30% […]
Pradipta Mukherjee
Regulation
The Indian government is working to determine whether cryptocurrencies can be classified as goods or services, which can impose a different taxation scheme on digital assets, local media reported. See related article: India’s crypto tax will incur losses for government, says WazirX CEO Fast facts Government officials believe crypto trading is similar to gambling and […]
Pradipta Mukherjee
Regulation
India’s plans for a 1% tax deducted at source (TDS) on every crypto transaction will result in huge losses for the government, Indian crypto exchange WazirX founder Nischal Shetty said on Wednesday. See related article: Indians see future in crypto, government sees revenue, FM says Fast facts Shetty argued more revenue is to be expected […]
Pradipta Mukherjee
Regulation
Indian finance minister Nirmala Sitharaman said on Tuesday the government will discuss its position on cryptocurrencies after completing an ongoing consultation process. See related article: India government, central bank in ‘complete harmony’ on crypto: FM Fast facts Sitharaman said many Indians see a future in cryptocurrencies and the government sees opportunities for revenue in the […]
Pradipta Mukherjee
Advanced Blockchain Technologies
CoinDCX has partnered with the Birla Institute of Technology & Science Pilani for crypto research, development and innovation among students, the crypto exchange said in a statement on Tuesday. See related article: India’s blockchain courses ramp up to meet demand for learning Fast facts Over 100 students are expected to be trained in blockchain technology […]
Pradipta Mukherjee
Advanced Blockchain Technologies
Recruiters from the public and private sectors are on the hunt for top blockchain talent. Educational institutions are catching up with customized courses.
Pradipta Mukherjee
Regulation
The Supreme Court of India has sought clarification from the government on the legality of cryptocurrencies in the country in the wake of surging Bitcoin scams, local media reported. See related article: Indian crypto scam investigated Fast facts A bench comprising Justices D Y Chandrachud and Surya Kant asked additional solicitor general (ASG) Aishwarya Bhati […]
Pradipta Mukherjee
Regulation
Government indecision on crypto regulation prompted some businesses to move abroad. Investors and crypto professionals may follow if uncertainty prolongs.
Monika Ghosh
