Taxation Of Crypto Currency and Virtual Digital Assets In India: A Critical AnalysisBabu, P. VenkaiahMannava, Prameela RaniGanesh, N.Seethamahalakshmi, Y.Special Education
Earlier this month, India in its federal budget levied a 30-percent tax on the transfer of digital assets, without legitimizing it. India also announced the launch of a digital currency in the fiscal year 2022-23 and the RBI has been working on it for the past 18-24 months. ■News...
Blog Introduction: The Financial Stability Board is prepping guidelines on how the legitimate figures ofIndia’s cryptocurrency market will take shape, which will be ready in October. This report will help the administration make a decision on whether to outlaw crypto currency trading through digital...
The UAE’s Central Bank and India’s Reserve Bank signed a memo of agreement in Abu Dhabi to further this aim. India has been testing a retailCBDCin several cities, reaching thousands of customers and merchants. Its plan is to launch its national digital currency by the end of this year....
Virtual currencyCrypto assetsPurpose: This study reviews the research work that has been carried out in the field of cryptocurrency (cc) and financial risk during past five years ( 2013-2018 ).This paper tracks and reviews the research work publish in leading academic journal in above mentioned ...
India's central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies on local exchanges.
Latest cryptocurrency news today - Check what are the trends in the digital currency market - Learn when is the best moment to buy Bitcoin or Altcoins on the best crypto exchanges - What you need to know about the crypto market trend
Crypto-currency is a decentralized digital currency which can be used as a medium of exchange. As it does not have any central authority, it is unregulated and a volatile asset. Globally the crypto market is worth a few trillion dollars. The Indian crypto market suffered a lot due to a ba...
Intrinsic tokensAlso called “native” or “built-in” tokens, these tokens are digital forms of currency and have intrinsic value only insofar as the market values them. They do not represent anything, but simply exist as currency.Bitcoin (BTC) and Ethereum (ETH) are two of the most well...
The investigation into WazirX - owned since 2019 by Binance, the world's largest digital currency exchange - began when the ED was looking into a money laundering case which involved Chinese owned illegal online betting applications, it said. During the course of the investigation it...