Government May Soon Consider Crypto as Commodity

The government had mentioned earlier that there would be no outright ban…

How to disclose cryptocurrency gains while filing ITR

A cryptocurrency is a decentralised digital asset and a medium of exchange…

Companies to Disclose Details of Cryptocurrency and CSR

The Ministry of Corporate Affairs (MCA) had issued a notification on 24.03.2021…

Bitcoin Fell to Its 3-Week Low as IRS Looks to Tighten Reporting Norms

The latest move by the Internal Revenue Service (IRS) has led to…

Will Top Banks in India Resume Services Related to Cryptocurrencies?

The RBI clarified on May 31, 2021, stating that banks and regulated…

Cryptocurrency Exchanges Prefer SEBI as the Regulator Over RBI

Cryptocurrency exchanges have told the government that they would prefer to see…

MCA Mandates All Companies to Disclose Cryptocurrency Dealings From 1st April

In a move to bring transparency and regulate cryptocurrency dealings in India,…

Government Decides to Make Cryptocurrency Ban Explicit

The Reserve Bank of India (RBI) has always been wary of accepting…

Mastercard to Permit Transactions in Cryptocurrencies

Mastercard will soon be adding cryptocurrency to its network. Mastercard will soon…

Crypto Trading Increases After SC Lifts RBI’s Ban on Cryptocurrency

The Supreme Court lifted a ban levied by the Reserve Bank of…