Cryptocurrencies: UNCTAD Report says 7.3% of India’s Population Owned Cryptocurrencies In 2021

According to research by UNCTAD, 7.3% of Indians owned digital money or cryptocurrencies in 2021. UNCTAD report says “All that glitters is not gold: The high cost of keeping cryptocurrencies unregulated,” 15 of the 20 economies whose populations will be using digital currencies in 2021 are emerging markets and developing nations.  Ukraine had the greatest […]

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Finance minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman, Complete harmony between her department and RBI on all matters including cryptocurrencies

Finance Minister Nirmala Sitharaman stated on Monday that her department and the Reserve Bank of India (RBI) were in perfect agreement on all issues, including cryptocurrency. She went on to say that they respect each other’s domains and goals while keeping the national interest in mind. She was speaking to the press following the RBI’s […]

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Cryptocurrency News: Budget 2022 may put tax laws on cryptocurrencies

There is currently no legislation in India that oversees, regulates, or restricts dealing in cryptocurrencies. As a result, it is legal to sell, buy, trade, or manufacture cryptocurrencies and open a cryptocurrency exchange. However, given the concerns connected with cryptocurrency investing, it is expected that a measure would be filed in Parliament’s Winter Session to […]

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