Today's breaking News from India, Puducherry, Cryptocurrencies

News India » Puducherry » Cryptocurrencies: India's central bank wants to ban cryptocurrencies, government says

News channel or source: https://finance.yahoo.com/news/indias-central-bank-wants-ban-074538778.html

Published on: Sunday 17 July 2022

India's central bank wants to ban cryptocurrencies, the government told the parliament on Monday, raising more uncertainty about the future of the nascent virtual digital asset in the world's second ...

News India » Puducherry » Cryptocurrencies: Indian economy at risk of ‘dollarization’ from cryptocurrencies: report

News channel or source: https://finance.yahoo.com/news/indian-economy-risk-dollarization-cryptocurrencies-025903117.html

Published on: Monday 16 May 2022

Parts of the Indian economy can lead to “dollarization” due to cryptocurrencies, which would be against the national interest, top officials of the Reserve Bank of India (RBI) told a parliamentary ...

News India » Puducherry » Cryptocurrencies: India Government Plans to Ban Most Private Cryptocurrencies

News channel or source: https://www.thestreet.com/crypto/investing/india-plans-ban-most-cryptocurrencies

Published on: Tuesday 23 November 2021

India's government says that in a new bill to be considered in the winter session of Parliament, it will propose to ban private cryptocurrencies. India and China are often close to war, but they ...

News India » Puducherry » Cryptocurrencies: India to tax cryptocurrencies at 30%, puts digital assets in highest tax band

News channel or source: https://www.nasdaq.com/articles/india-to-tax-cryptocurrencies-at-30-puts-digital-assets-in-highest-tax-band

Published on: Monday 31 January 2022

India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman said while presenting the federal budget on Tuesday. MUMBAI, Feb 1 (Reuters ...

News India » Puducherry » Cryptocurrencies: India's Modi says cryptocurrencies should be used to boost democracy, not harm it

News channel or source: https://www.nasdaq.com/articles/indias-modi-says-cryptocurrencies-should-be-used-to-boost-democracy-not-harm-it

Published on: Thursday 09 December 2021

NEW DELHI, Dec 10 (Reuters) - Indian Prime Minister Narendra Modi said on Friday that emerging technologies such as cryptocurrencies should be used to empower democracy, not undermine it. Policymakers ...

News India » Puducherry » Cryptocurrencies: India Backs G20's Global Framework For Cryptocurrencies, Urges Focus On Developing Countries

News channel or source: https://www.benzinga.com/markets/cryptocurrency/23/08/33514828/india-backs-g20s-global-framework-for-cryptocurrencies-urges-focus-on-developing-countries

Published on: Tuesday 01 August 2023

India supports FSB's proposed global framework, highlights importance of addressing crypto risks. Regulators urged to ensure robust cross-border cooperation. China’s new tariffs just reignited the ...