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March 26, 2023
Allcryptocurrencydaily

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India

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AML Laws to Be Implemented to Crypto in India

allcryptocurrencydaily2 weeks ago2 weeks ago1 mins

The Indian Ministry of Finance has decided to extend anti-money laundering legislation to the digital currency market.

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Central Bank of India: Cryptocurrencies Could Trigger a Global Crisis

allcryptocurrencydaily3 months ago3 months ago1 mins

According to the head of the Reserve Bank of India, a massive transition to digital currencies could trigger a global financial crisis.

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Trading Volume on Indian Crypto Exchanges Falls Due to Taxes

allcryptocurrencydaily9 months ago9 months ago1 mins

Trading volumes on crypto exchanges in India have fallen following the approval of a new tax on cryptocurrency transactions.

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The Central Bank of India Plans to Implement a Phased Approach to CBDC Launch

allcryptocurrencydaily10 months ago10 months ago1 mins

The Reserve Bank of India (RBI) has said it plans to follow a phased approach to the implementation of its own central bank digital currency (CBDC).

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India Strenghthens Crypto Trading Tax Rules

allcryptocurrencydaily1 year ago1 year ago2 mins

The Indian Ministry of Finance has determined that when calculating taxes, traders will not be able to offset losses in one digital asset with gains in another. 

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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

Anonymous creator of Bitcoin

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