
7.3% Indians own crypto assets: UNCTAD
India ranks seventh on the UNCTAD list, below Russia, Ukraine, Singapore, Venezuela, Kenya and the US.
India ranks seventh on the UNCTAD list, below Russia, Ukraine, Singapore, Venezuela, Kenya and the US.
Changpeng Zhao claims that the WazirX acquisition deal was never closed.
Bitcoin rose 7.5% to hit one month high of $23,526 in the past 24-hour trade; the world’s largest crypto has gained 18.5% in a week.
It’s not possible to generate guaranteed returns from such a volatile asset class. Most such products are marketing ploys.
The idea is, says Rajagopal Menon of WazirX, that this asset class will be volatile because it is traded 365 days for 24 hours.
The CBDT has issued an FAQ to clear confusion around TDS on virtual digital assets.
Entrepreneurs Dhruvil Sanghvi of LogiNext, Satish Vijayan of Nexdha Fintech, and Sharmin Ali of Instoried share ins and outs of their experience with crypto trading.
Countries that chose to prohibit crypto can't succeed unless there is a global consensus around it, says DEA secretary Ajay Seth.
There is no way to control market volatility on price in cryptocurrency markets and give the assurance of fixed returns to investors, says CoinDCX's Mridul Gupta.
The proposed reverse charge, which is yet to be rolled out, could be taxed at 18% on the commission earned through transactions on foreign crypto exchanges.