The Reserve Bank of India is working on a phased rollout of a Central Bank Digital Currency (CBDC) in a bid to lower the country’s dependence on cash. According to …
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India’s crypto bill is finally ready: finance minister
ndia’s much-anticipated new law on cryptocurrency regulations will be included into the agenda of the monsoon parliament session. According to the interview India’s Finance Minister, Nirmala Sitharaman, gave to a local …
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Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring that …
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Proposed crypto ban legislation reportedly under review by India’s government
India’s government is reportedly reviewing modalities for banning or regulating cryptocurrencies in the country. According to Bloomberg Quint, reports indicate that the government is in talks with financial regulators and industry stakeholders …
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Now you can buy crypto using UPI and other popular mobile wallets in India on LATOKEN exchange
In April 2018, the Reserve Bank of India announced the prohibition of cryptocurrencies. However, cryptocurrencies have not been banned in India since March 2020 — as a result of the …
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India’s central bank struggles against cryptocurrency ban
India’s central bank has said that banks and other finance sector businesses should not cite a prohibition it imposed on lenders dealing in cryptocurrencies to justify their refusal to offer …
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Government of India Reportedly Considering Cryptocurrency Rules Instead of Banning
After actively discussing placing an all-out ban on the crypto industry, the Indian government is now reportedly reconsidering a change in tactics. More recent reports claimed that the nation had …
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The global crypto community to donate virtual coins to fund India’s fight against COVID-19
Indian regulators have never liked cryptocurrencies, but the crypto community is showing all its love for the country at its time of need. On May 13, Vitalik Buterin, the founder of the …
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NPCI refuses to ban cryptocurrency in India: the decision remains with the banks
The National Payments Corporation of India (NPCI) does not intend to block cryptocurrency trading. Instead, it plans to leave the decision to individual banks and thus they can determine their …
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Dogecoin (DOGE) Demand Crashes India’s Largest Crypto Exchange
India’s largest crypto exchange by trading volume, WazirX, has been struggling to meet the skyrocketing demand for Dogecoin (DOGE). Global DOGE trading volumes tripled between May 3 and 5 to …
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