Indian crypto exchanges challenge banking ban in the court

Four crypto exchanges in India have challenged the circular from the Reserve Bank of India (RBI), i.e. India’s central bank, denying them banking services, in the Supreme Court of India, the highest court in the country. The exchanges that have…

India cryptocurrency Regulation: Media Misinterprets India Bitcoin Stand – But to Be Tough on the cryptocurrencies.

Author -Anujit India  will not ban cryptocurrencies or crypto exchanges and trading! In the past few days, India has been the main focus as reports of an imminent ‘ban’ on bitcoin and other cryptocurrencies looming in the country. However, India…

Bitcoin exchanges in India could be paying up to US $ 1 billion in taxes

Guest Post – Anujith Bitcoin exchanges in India are trying to ascertain their tax liabilities. The key questions are whether bitcoins will be treated as currency, or they will be treated as goods or services which will bring them in…

Bitcoin traders in India are concerned about Tax uncertainties

By Guest Author.  The recent warning from Reserve Bank of India (RBI) has made the bitcoin traders and enthusiasts in India concerned. RBI has asked the Indian citizens to be cautious about bitcoin trading, and mentions that such trading will…