Govt working on categorisation of cryptocurrency under GST law: Report

Mar 21, 2022, at 02:34 am

The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.

CryptoWire in pact with Bitbns to commence trading on crypto index IC15 from April

Mar 02, 2022, at 08:00 am

Kolkata: CryptoWire, a global crypto super app, today said it has entered into an agreement with Bitbns, one of the leading crypto-currency exchanges of the country, to commence trading on India's first global crypto index IC15 next month.

Top cryptocurrency service providers raided for massive GST evasion

Jan 02, 2022, at 04:53 am

New Delhi: After the massive GST evasion by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence (DGGI) has launched a crackdown on Cryptocurrency exchanges active in the country, media report said.

IMF chief economist Gita Gopinath bats for global standards for regulating cryptocurrencies

Dec 17, 2021, at 03:40 am

Mumbai/IBNS: A complete ban on cryptocurrency may be difficult to impose and coordinated global action for regulating them would be the right thing to do, the chief economist of the International Monetary Fund (IMF) said Thursday.

IMF cautions El Salvador against using bitcoin as legal tender

Nov 25, 2021, at 12:09 am

Washington/IBNS: The International Monetary Fund (IMF) has said El Salvador should stop using bitcoin as legal tender due to its high price volatility and consequent risks to consumer protection.