{
IND

Country

}
India clarifies crypto taxation for transactions before 2022 ruling
The Income Tax Appellate Tribunal (ITAT) in Jodhpur has ruled that profits from cryptocurrency transactions before April 1, 2022, will be taxed as capital gains, offering relief to early adopters. Short-term gains will be taxed at 15%, while long-term gains will be taxed at 10%, contrasting with the current flat 30% rate. This decision highlights India's ongoing struggle to establish a supportive regulatory framework for digital assets, prompting many businesses to relocate to more favorable jurisdictions.
Bitcoinist.com
WazirX USD SGP IND
Regulatory & Legal, News Article
03:30 18.12.2024
India's regulatory framework aims to balance innovation and investor protection in crypto
India is advancing towards a comprehensive regulatory framework for cryptocurrencies, emphasizing innovation and investor protection, particularly during its G20 presidency. The government is committed to aligning regulations with international standards, as evidenced by the inclusion of Virtual Digital Assets under the Prevention of Money Laundering Act and the clarification on capital gains tax for crypto transactions. Former RBI Governor Raghuram Rajan's appointment to Ripple's advisory board reflects increasing institutional interest in the crypto sector, positioning India among the top five countries in global crypto transaction volume.
tronweekly.com
IND Raghuram Rajan
Regulatory & Legal, News Article
23:29 17.12.2024
India to introduce cryptocurrency regulations in GIFT City by 2025
A regulatory framework for cryptocurrency exchanges and tokenisation is set to be introduced in India's GIFT City in 2025, following a report from the IFSCA Asset Tokenisation Committee. Initially, the IFSCA will oversee regulations, with plans for a nationwide model that may include tokenised assets in the definition of securities under existing laws.
NDTV Profit
IND
Regulatory & Legal, Market Report
23:14 17.12.2024
India advocates for global cooperation on cryptocurrency regulation and investor protection
India is advocating for a global regulatory framework for virtual digital assets (VDAs), recognizing the challenges posed by their borderless nature. While existing laws address taxation and anti-money laundering, the government emphasizes the need for international collaboration to protect investors and ensure financial stability. Despite its leadership in crypto adoption, India admits it is not yet ready to establish a comprehensive domestic regulatory timeline.
Cryptonews
Indian Rupee Bitget Token USD IND Hassan Shittu
Regulatory & Legal, News Article
16:11 17.12.2024
India explores international cooperation for comprehensive cryptocurrency regulation
India's government is developing a comprehensive regulatory framework for Virtual Digital Assets (VDAs) but emphasizes the need for international cooperation to address their borderless nature. Current measures include taxation on VDA income and oversight under the Prevention of Money Laundering Act, with no fixed timeline for comprehensive regulations. As local adoption of cryptocurrencies rises, India recognizes the importance of global collaboration to prevent regulatory arbitrage and ensure effective governance.
Crypto News Flash
United States Dollar Euro IRN IND GBR USA Abdolnaser Hemmati Eric Trump Show more
Regulatory & Legal, News Article
15:31 17.12.2024
Ripple appoints Raghuram Rajan to advisory board for RLUSD stablecoin
Ripple has appointed Raghuram Rajan, former Governor of the Reserve Bank of India, to its RLUSD stablecoin advisory board, which also includes notable figures like Sheila Bair and David Puth. Rajan's expertise in central banking and financial regulation is expected to enhance the stablecoin's compliance and credibility in a rapidly evolving financial landscape. His insights, alongside those of other board members, aim to ensure RLUSD's sustainable growth and trustworthiness in digital payments.
Crypto News Flash
IND USA Chris Larsen Kenneth Montgomery David Puth Sheila Baird Raghuram Rajan Show more
Finance & Economy, Press Release
14:41 17.12.2024
insights into the global companion diagnostics market trends and forecasts
Coherent Market Insights delivers reliable and accurate reports, focusing on insights across various sectors post-COVID-19. Their Global Companion Diagnostics Market report includes comprehensive analysis, market dynamics, competitive landscape, and forecasts from 2024 to 2031, providing valuable data for industry stakeholders.
EIN News
United States Dollar GBR USA IND AUS Show more
Healthcare, Market Report
14:15 17.12.2024
technology minerals secures glencore deal to boost battery recycling efforts
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and importance of securing critical metals from recycled sources.
Proactiveinvestors UK
United States Dollar Euro Li-Cycle Holdings Corp. MERCEDES-BENZ GROUP Umicore SA Technology Minerals Plc BASF Fortum Oyj Glencore plc BEL IND GBR FIN DEU CAN USA Robin Brundle Show more
Finance & Economy, Market Report
13:45 17.12.2024
Technology Minerals Secures Glencore Deal Boosting Battery Recycling Efforts
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and necessity for sustainable sourcing in the industry.
Proactiveinvestors UK
United States Dollar Euro Li-Cycle Holdings Corp. Umicore SA MERCEDES-BENZ GROUP Fortum Oyj Technology Minerals Plc Glencore plc BASF FIN DEU USA IND BEL GBR Robin Brundle Show more
Technology & Innovation, Market Report
13:45 17.12.2024
VYUG Fest India Expands to Vijayawada After Successful Lucknow Launch
VYUG Fest India, after a successful inaugural event in Lucknow, is set to continue its Web3 and Blockchain tour in Vijayawada, Andhra Pradesh, on January 23-24, 2025. The two-day event will feature the VYUG Plaython hackathon, expert discussions, and networking opportunities, aiming to showcase innovations and collaboration in the blockchain ecosystem. Join the movement to explore the potential of new technologies that could position India as a global superpower by 2047.
Coinchapter
IND
Technology & Innovation, Press Release
13:33 17.12.2024
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