Investors who lost money, in some cases their life savings, in the troubled crypto-lender Celsius are pleading for the return of their money, media reported.
Mumbai: Finance Minister Nirmala Sitharaman on Saturday said anonymity is an "inherent risk" in blockchain technology and stressed the exercise of precaution in the future with the exponential rise in the use of this technology, media reports said.
Bengaluru: KoinBasket, a thematic crypto investment start-up, has announced that it has raised $2 million in a pre-seed funding round.
April 20: Crypto investing app CoinSwitch has appointed Ankit Vengurlekar as Editor-in-Chief to strengthen user education initiatives as part of its mission to build an ecosystem that simplifies Crypto.
The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.
Kolkata: CryptoWire, a global crypto super app, today said it has entered into an agreement with Bitbns, one of the leading crypto-currency exchanges of the country, to commence trading on India's first global crypto index IC15 next month.
While the economies across the world are bracing for a tough period following the Russia-Ukraine crisis, the global crypto markets are already feeling the heat, sliding more than 11 percent, said media reports.
New Delhi/IBNS: Private cryptocurrencies like Bitcoin and Ethereum, as well as non-fungible tokens (NFT) will never become legal tenders as their values are fixed by private entities, Finance Secretary TV Somanathan said Tuesday.
New Delhi/IBNS: Income tax return forms will have a different column to mention earnings from cryptocurrency and paying requisite taxes, said Revenue Secretary Tarun Bajaj on Wednesday.
New Delhi: The Reserve Bank of India will introduce digital rupee in FY22-23 using blockchain and other technologies, Union Finance Minister Nirmala Sitharaman announced in her Budget2022 speech in Parliament on Tuesday.
New Delhi/IBNS: Global crypto super app CryptoWire on Monday announced the launch of IC15, India's first global index of cryptocurrencies, to empower knowledge on the blockchain ecosystem.
New Delhi: After the massive GST evasion by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence (DGGI) has launched a crackdown on Cryptocurrency exchanges active in the country, media report said.
Mumbai/IBNS: The central board of the Reserve Bank of India (RBI) Friday discussed the issues related to Central Bank Digital Currency (CBDC) and private cryptocurrencies, the RBI said in a press release.
Mumbai/IBNS: A complete ban on cryptocurrency may be difficult to impose and coordinated global action for regulating them would be the right thing to do, the chief economist of the International Monetary Fund (IMF) said Thursday.
New Delhi/IBNS: The government has suggested regulating rather than banning the private cryptocurrency while maintaining that it will not be recognised as a legal tender in India.