India & Crypto Regulations
India & Crypto Regulations
What the News?
What the News?
According to leading news channels, the Indian Finance Ministry is considering regulating cryptocurrencies earlier than exptected.
What's the hurry?
What's the hurry?
The fear of financial instability & its use as a source of terror funding & money laundering requires an urgent solution.
The Minister Say
The Minister Say
The Finance Minister Nirmala Sitharaman
urged for international collaboration to
regulate cryptos. Since
its a borderless asset.
RBI vs Crypto
RBI vs Crypto
In recent interview, RBI Governor Shaktikanta Das kept his stand against cryptocurrencies and urged the govt. to ban crypto trading
The Current Scenario
The Current Scenario
Currently crypto are taxed at 30% capital gains & 1% TDS per transaction but the govt. still didn't call it a legal asset. A strange case
Also Read:
Also Read:
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Europe & Crypto
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Europe & Crypto
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Is McAfee Alive?
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Is McAfee Alive?
3..
RBI vs Crypto
3.
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RBI vs Crypto
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