Despite the lack of a clear regulatory framework for cryptocurrencies in India, industry players remain optimistic about the future. The Ministry of Finance recently stated […]
DGGI Issues Landmark Rs 722 Crore GST Notice to Cryptocurrency Exchange
In a significant move towards regulating the burgeoning cryptocurrency market in India, the Directorate General of GST Intelligence (DGGI) has issued a show-cause notice to […]
Bitcoin Rebounds Strongly as Traders Buy the Dip
Bitcoin has made a remarkable recovery after experiencing steep losses, bouncing back above $56,000. This resurgence comes as crypto traders seize the opportunity to buy […]
Stablecoin Growth Soars Amid Global Crypto Adoption
The cryptocurrency market is witnessing a significant surge in stablecoin growth as global mass adoption ramps up. Stablecoins, which are digital currencies pegged to stable […]
Crypto Industry Pushes for Regulatory Overhaul and Safe Harbours
The cryptocurrency industry is advocating for significant regulatory changes, including the establishment of safe harbours. This push comes amid increasing scrutiny and regulatory actions from […]
India to Follow G20 Policy for Cryptocurrency Regulation
India is set to align its cryptocurrency regulations with the G20 policy, as stated by the Minister of State for Finance, Pankaj Chaudhary. This move […]
Ripple CEO Criticizes SEC’s Inconsistent Crypto Regulation
Ripple CEO Brad Garlinghouse has openly criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent and haphazard approach to cryptocurrency regulation. Garlinghouse’s comments […]
Russia to Allow Crypto Payments in International Trade to Counter Sanctions
In a significant move to counter Western sanctions, Russia has passed legislation allowing the use of cryptocurrencies for international trade. This decision comes as Russia […]
Crypto Market Faces Turbulence as Mt. Gox Repayments Begin and Ether ETFs Launch
The cryptocurrency market is experiencing significant volatility as two major events unfold simultaneously. The long-awaited repayments to creditors of the defunct Mt. Gox exchange have […]
India Maintains High Crypto Tax Rate Despite Industry Pressure
India’s Finance Minister, Nirmala Sitharaman, has announced that the country’s high crypto tax rates will remain unchanged in the 2024-25 budget. Despite significant lobbying from […]
