Tag: india
Jetking Leads as India’s First Public Firm Embracing Bitcoin
Jetking is India’s first public firm to adopt Bitcoin. Bitcoin’s price rises from $95,000 to $97,076 following the news. Jetking is the first publicly traded…
- Market News
India Imposes 70% Tax Penalty on Undeclared Crypto Gains
India enforces a 70% tax penalty on undeclared crypto gains, applying retroactively from February 2025. That fits the broader Bitcoin news picture. Compliance is mandatory…
Jio Platforms Partners with Polygon to Boost Web3 in India
Jio Platforms partners with Polygon to bring Web3 and blockchain solutions to India, enhancing services for 450 million users. Reliance Jio Platforms, a subsidiary of…
Bybit Temporarily Restricts Crypto Deposits in India
Bybit announces temporary restrictions for Indian users starting January 12, 2025, due to regulatory changes, affecting trades and deposits. Bybit has announced that starting January…
RBI Governor Backs CBDC for India’s Payment Revolution
India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India’s payment systems and economy. On his…
India Expands Mobile Payment Partnerships with UAE, Sri Lanka, and Nepal
India expands mobile payment partnerships with UAE, Sri Lanka, and Nepal, advancing cross-border payments and exploring digital currencies’ future. India is making significant strides in…
India Leads Global Crypto Adoption Despite Ban on Offshore Exchanges
India remains the leader in global cryptocurrency adoption despite regulatory challenges. The ban on offshore exchanges has not significantly reduced their usage in India, and…
India Holds Off on Cryptocurrency Regulation Amid Economic Uncertainty
India has no immediate plans to regulate cryptocurrency sales and purchases The government is assessing crypto risks and benefits, aiming for a policy by September…
Nirmala Sitharaman Thinks Crypto Will Dominate India’s Future
India’s Minister of Finance Nirmala Sitharaman says cryptocurrencies will take up most of the chat time during this year’s upcoming G20 presidency event in India.…
