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India

Indian traders could face additional 2% tax for trading in overseas exchanges
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24 June, 2021

Indian traders could face additional 2% tax for trading in overseas exchanges

The Indian government charges a 2% tax, known as the equalization levy, to online entities servicing Indians but which are...
India lawmakers to review bill banning digital currency
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21 June, 2021

India lawmakers to review bill banning digital currency

The Cryptocurrency and Regulation of Official Digital Currency Bill was brought before parliament in early 2021, but the government failed...
Digital currencies not banned in India: central bank
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4 June, 2021

Digital currencies not banned in India: central bank

The Reserve Bank of India recently clarified that digital currencies aren’t banned in India, which means that banks must refrain...
India considers new committee on digital currency regulation
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24 May, 2021

India considers new committee on digital currency regulation

The government is reportedly in the early stages of establishing a panel of experts to review the matter, though has...
Reserve Bank of India warns banks to cut all ties with digital currency exchanges
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18 May, 2021

Reserve Bank of India warns banks to cut all ties with digital currency exchanges

According to sources in India, the apex bank is warning commercial banks against servicing digital currency-related businesses, including exchanges and...
Indian finance minister says digital currency bill will protect investors
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18 April, 2021

Indian finance minister says digital currency bill will protect investors

Indian Minister Anurag Thakur said the government would put investors at the forefront of their legislative effort, though it remains...
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