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Home » regulations

India to tax crypto and NFTs profits at 30%

February 2, 2022 By Crypto Reporter

India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman announced during the country's annual budget speech. … [Read more...] about India to tax crypto and NFTs profits at 30%

India could soon legalise cryptocurrencies

December 28, 2018 By Vitali Maldashou

At the same time India’s government will introduce a rigorous crypto control … [Read more...] about India could soon legalise cryptocurrencies

India prepares cryptocurrency legislation

November 21, 2018 By Vitali Maldashou

India’s government is actively preparing a regulatory framework for the blockchain industry. At the moment local financial institutions cannot work with companies connected to cryptocurrencies. … [Read more...] about India prepares cryptocurrency legislation

Indian central bank prohibits financial institutions from dealing with cryptocurrency businesses

April 6, 2018 By Crypto Reporter

The Reserve Bank of India (RBI) in its recent statement announced that entities regulated by RBI are prohibited from providing services to individuals or businesses dealing with cryptocurrencies. … [Read more...] about Indian central bank prohibits financial institutions from dealing with cryptocurrency businesses

Indian central bank opposes cryptocurrencies, but positive on blockchain technology

November 9, 2017 By Crypto Reporter

The Reserve Bank of India (RBI) is not likely to allow bitcoin use in the country. … [Read more...] about Indian central bank opposes cryptocurrencies, but positive on blockchain technology

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