India Crypto News
Learn about the latest India blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
India is investigating crypto exchanges compliance to foreign exchange laws
The top executives of several exchanges operating in the country have been summoned by the authorities.
India’s crypto tax impacted trading frequency of 83% of traders, says survey
India's 30% tax on cryptocurrencies has negatively impacted trader sentiment — a new survey shows just how much.
India’s 1% tax has dealt a heavy blow to crypto trading volumes
Daily trading volumes on most Indian cryptocurrency exchanges have dipped by more than 50% since the tax came into effect on July 1.
Indian crypto investors have lost $128 million due to fake exchanges and wallets
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.
India will consider 28% additional tax on crypto sales next week
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
Indian Terra investors facing 30% tax on LUNA 2.0 airdrop despite losses
Indians who received the LUNA 2.0 token via airdrop may have to part with as much as 30% of it due to the crypto tax policy in the country.
How FanTiger plans to shake up the music industry through NFTs
FanTiger plans to beat the music industry by giving more power to artists and fans using blockchain technology.
Indians to face additional 28% tax on crypto
India’s Goods and Service Tax (GST) Council considers bracketing crypto investments in the same category as lottery, casinos, racecourses, and betting.
Indian banks seek NPCI’s guidance on using UPI for crypto transactions
The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.
Gari DAO taps Chainlink Price Feeds to bring smart contract functionality to Chingari
Chinagari’s integration of Chainlink Price Feeds seeks to empower creators and digital artists worldwide by offering accurate and transparent price data.
India’s Finance Minister says crypto could be used for illicit activities
Sitharaman believes the only way to curb the use of crypto in money laundering and terrorist financing is to regulate the space using technology.
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
India's payment system operator, revealed that it did not know that crypto exchanges were using its services for their operations.
India’s crypto trading volume plunges as new tax rules take effect
Crypto trading volumes soared on March 31 as crypto holders scrambled to close any open positions before the new tax regime took effect on April 1.
Coinbase India debut in doubt following confusion with payment provider
A branch of the Reserve Bank of India refused to accept Coinbase as a trading partner, leaving the firm stuck.
Bitcoin drops below $44k as crypto follows stock market sell off
Continued global unrest may be a crucial factor in a sell-off affecting both stocks and crypto as the chance of Russia defaulting rises to 99%
Trading volume drops as 30% capital gains tax on crypto goes into effect in India
Crypto stakeholders are predicting that the 1% tax on every transaction will affect liquidity within the sector.
Coinbase unveils its aggressive Indian expansion strategy
Tapping into India's software talent to fuel a global expansion.
Former Indian chief minister likens crypto to gambling, calls for higher taxation
An ex-chief minister of India is urging the government to make crypto taxation even stricter to further discourage people from participating in the industry.