Indian Man Tried to Jump Off a Bridge After Cryptocurrency Losses
The young programmer was shaken by the intimidating phone calls he received from individuals from whom he had borrowed and invested in cryptocurrencies.A…
Browsing Tag
India
India’s anti-corruption effort relies on the Polygon-powered police complaint site
Citizens in Firozabad may now report police misconduct on Polygon's First Information Report (FIR) without fear of having their report disregarded or modified.…
Indian crypto exchanges approved the OECD reporting framework
OECD Framework collects and automatically exchanges crypto asset transaction data. It includes crypto exchanges, brokers, and ATM providers.Indian crypto…
E-Rupee digital currency will soon be tested in India
The national cryptocurrency, backed by India's central bank will be tested in restricted sample launches.The RBI has apparently suggested a sequential…
RBI said Private crypto coins threaten financial stability
In a concept paper on central bank digital currency (CBDC), the Reserve Bank of India (RBI) identified concerns presented by private cryptocurrencies, stating that…
IMF said India’s link between crypto and stocks has increased tenfold since the…
Since the start of the Covid, the International Monetary Fund (IMF) has found a tenfold increase in the association between the bitcoin market and India's stocks.
…
Big Bull Rakesh Jhunjhunwala, who had an estimated net worth of $5.8 billion, died aged 62
Rakesh Jhunjhunwala, a renowned Indian investor and founder of the investment firm Rare Enterprises, has passed away this morning in Mumbai. He was 62 years old.…
CBDC India is likely to debut later this year
CBDC India is likely to debut later this year. The Reserve Bank of India has been working on the project to introduce a digital currency since 2021.The Finance…
RBI describes cryptocurrency as a threat to India’s financial stability
Shaktikanta Das, Governor of the Reserve Bank of India, recently indicated that private currencies, such as cryptocurrencies, pose a threat to the country's…
India imposed heavy taxes on cryptocurrencies
India's financial year 2022 budget will include a "cryptocurrency tax." Nirmala Sitharaman, the Finance Minister, has proposed a 30% tax on all income from digital…