Indian Exchanges Volumes Slump Further Following Recent Crypto Tax
Indian crypto exchanges have undergone tremendous downward pressure since heavy tax on crypto assets came into effect.
Indian crypto exchanges have undergone tremendous downward pressure since heavy tax on crypto assets came into effect.
As the crypto winter spreads, exchanges in India try to cope with its effects. But the RBI wants to
Although crypto winter is here, investors should not worry as their funds are safe with the platform, the company said.Â
Scammers reportedly used fake domains and apps that impersonated legitimate crypto trading platforms to defraud investors.
The 4-year-old company said uncertain market conditions due to the current market pullback forced the ‘painful’ decision.
Investigators believe that the GainBitcoin scam may involve up to 600,000 BTC which is worth nearly INR 1 trillion at
The local crypto-focused organization has sought time for a meeting to discuss the issue and understand the regulator’s concerns.
A Finance Ministry official recently hinted that work on crypto regulation is going on, a move that RBI may not
Indian tax authorities will treat the airdrop of Luna 2.0 as a gift and tax accordingly.
While no major relief in tax rates is under consideration, exemptions from crypto taxes may be granted to healthcare businesses