India believes cryptocurrency is not illegal as it’s taxed like gambling win

A day after announcing taxing crypto transactions just the same as winnings from gambling, the government said it doesn’t treat…

Crypto bill expected to be tabled for Cabinet’s nod prior Parliament Session

A detailed bill on cryptos is expected to be presented for clearance at a meeting of the Union Cabinet prior…

SBI prohibits traders from using its UPI to sell/buy cryptocurrency

India’s largest lender, State Bank of India has banned crypto exchanges from receiving funds through its UPI platform and has…

Impediment in regulation on cryptocurrencies increases lobbying

The postponement in the government establishing the regulation on crypto has given rise to intense lobbying, with agencies anxious over…

Nirmala Sitharaman: Cryptocurrency bills awaits cabinet’s approval

The much-anticipated legislation to regulate virtual currency in India, the crypto bill is anticipated to be taken up by the…