bitcoin in india News

The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.

Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions.

On behalf of the Hyderabad City Police, Addl. Commissioner Shikha Goel asked Indian citizens to invest in crypto only through reputed and long-established players.

Indian crypto investors will reportedly be given a specific time frame to declare their crypto holdings and hold their assets on crypto exchanges regulated by SEBI.

Singapore’s Coinstore crypto exchange has allotted $20 million to open three new offices in the Indian market.

The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto.

Indian Prime Minister Narendra Modi has grown increasingly vocal about cryptocurrencies.

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework.

In India, the regulatory environment surrounding Bitcoin is still in a "grey area."

Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season.

“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry," said Rameesh Kailasam.

A new panel will be formed to address "outdated" recommendations on crypto trading.

India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space.