Regulation
India is investigating crypto exchanges compliance to foreign exchange laws
The top executives of several exchanges operating in the country have been summoned by the authorities.
Oluwapelumi Adejumo 2 min read
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Taxes
India’s crypto tax impacted trading frequency of 83% of traders, says survey
India's 30% tax on cryptocurrencies has negatively impacted trader sentiment — a new survey shows just how much.
Exchanges
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.
Latest India Crypto News & Analysis
Scams
Indian crypto investors have lost $128 million due to fake exchanges and wallets
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.
Regulation
India will consider 28% additional tax on crypto sales next week
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
Taxes
Indian Terra investors facing 30% tax on LUNA 2.0 airdrop despite losses
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.
NFTs
How FanTiger plans to shake up the music industry through NFTs
FanTiger plans to beat the music industry by giving more power to artists and fans using blockchain technology.
Taxes
Indians to face additional 28% tax on crypto
India’s Goods and Service Tax (GST) Council considers bracketing crypto investments in the same category as lottery, casinos, racecourses, and betting.
Banking
Indian banks seek NPCI’s guidance on using UPI for crypto transactions
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.
More India Crypto News Headlines
Technology
Gari DAO taps Chainlink Price Feeds to bring smart contract functionality to Chingari
Crime
India’s Finance Minister says crypto could be used for illicit activities
Regulation
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
Adoption
