Search For "cryptocurrencies"
EU considering sanctions on more Russian banks in coming days
Updated : 3 years, 11 months ago IST
Washington [US], March 30 (ANI/Sputnik): The EU nations are planning to target more Russian banks in the coming days, The Wall Street Journal reported on Wednesday, citing diplomats and officials familiar with the discussions.
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SHREE is one such new-age Fintech player that is emerging fast as a paymen
Updated : 3 years, 11 months ago IST
Ahmedabad (Gujarat) [India], March 24 (ANI/NewsVoir): The global consumer and merchant trends are rapidly changing, evolving precisely. While consumers have followed the trends to adopt digitisation wholeheartedly, merchants are yet to catch them up.
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Biden signs executive order on cryptocurrencies, places urgency on digital
Updated : 4 years ago IST
Washington [US], March 10 (ANI/Xinhua): US President Joe Biden on Wednesday signed an executive order calling on the whole government to examine the risks and benefits of cryptocurrencies, placing great urgency on the research and development of a possible digital US dollar.
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Cryptocurrencies are worse than Ponzi schemes, says RBI Deputy Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], February 14 (ANI): Cryptocurrencies have specifically been developed to bypass the regulated financial system and it is akin to or even worse than Ponzi schemes, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said on Monday.
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Taxing cryptos does not mean it has been legalized, says Sitharaman
Updated : 4 years, 1 month ago IST
New Delhi [India], February 11 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said the imposition of tax on digital assets should not be seen as a precursor of legalization of cryptocurrencies.
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How people can use Cryptocurrencies in India
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Ever since Finance Minister Nirmala Sitharaman spoke about digital currencies in her Budget speech earlier this month, the curiosity about the matter has risen by leaps and bounds.
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Crypto's like Bitcoin and Ethereum will never become a legal tender: Finan
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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'Crypto tax': India imposes 30 per cent tax on income from digital assets
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): In a significant move to bring cryptocurrency transactions under the tax net, Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from the transfer of any virtual digital asset shall be taxed at a rate of 30 per cent.
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Pakistan to ban use of cryptocurrencies
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 12 (ANI): Pakistan has decided to ban the use of all cryptocurrencies, local media reported citing a report which was submitted to the Sindh High Court (SHC) on Wednesday.
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Cryptocurrency exchanges seek clarity on taxation
Updated : 4 years, 2 months ago IST
New Delhi [India], January 5 (ANI): The Directorate General of GST Intelligence's (DGGI) recent crackdown on nearly half a dozen of Cryptocurrency service providers in India has brought the focus back on the need for clarity on how cryptocurrencies and related services should be taxed.
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RBI discussed issues relating to private cryptocurrencies at central board
Updated : 4 years, 2 months ago IST
New Delhi [India], December 18 (ANI): The Reserve Bank of India (RBI) is in favour of complete ban on private cryptocurrencies in India, people in the know of the matter told ANI.
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