India’s 1% tax has dealt a heavy blow to crypto trading volumes
Daily trading volumes on most Indian cryptocurrency exchanges have dipped by more than 50% since the tax came into effect on July 1.
Coverage of taxation, regulation, Web3 startups, and national digital payments shaping India’s crypto scene.
Indians who received the LUNA 2.0 token via airdrop may have to part with as much as 30% of it due to the crypto tax policy in the country.
FanTiger plans to beat the music industry by giving more power to artists and fans using blockchain technology.
India’s Goods and Service Tax (GST) Council considers bracketing crypto investments in the same category as lottery, casinos, racecourses, and betting.
The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.
Chinagari’s integration of Chainlink Price Feeds seeks to empower creators and digital artists worldwide by offering accurate and transparent price data.
Sitharaman believes the only way to curb the use of crypto in money laundering and terrorist financing is to regulate the space using technology.