
India
Bitcoin users to pay 30% digital currency tax in India from April 1
The Indian Parliament passed the Finance Bill 2022-2023, which confirmed the 30% tax rate on all virtual digital assets (VDAs)...
Guidelines for digital currency ads take effect in India on April 1
All virtual digital assets advertisements must follow the Advertising Standards Council of India guidelines, which include carrying a disclaimer, removing...
Indian teens turn to digital currency investments to beat pandemic blues
Indian teens are taking an unusual approach to beat the pandemic by investing in digital currency—fueling the digital currency market,...
Digital asset ads must come with ‘high risk’ disclaimer in India starting April
India’s advertising watchdog has released new rules for Bitcoin advertisements, including a requirement for a ‘high risk’ disclaimer and refraining...
India: Authorities arrest 11 in $5.3M Ethereum scam
The authorities arrested the leaders of Ether Trade Asia, which lured investors to its Ether investment funds and then made...
Digital currencies are ‘akin to Ponzi Schemes’: RBI deputy
Deputy Governor T. Rabi Sankar at the Reserve Bank of India likened digital currencies to Ponzi schemes and said banning...
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