Rbi Circular On Cryptocurrency
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Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty
RBI Governor Shaktikanta Das described cryptocurrencies as a ‘clear danger’ on Thursday. Warning about the risks of cryptocurrencies yet again, the central bank governor stated that “anything that derives value based on make believe”, without any underlying value, is simply “speculation under a sophisticated name”. The RBI’s warning c...
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Income Tax on Cryptocurrency Gains: What Do the Rules Say?
Cryptocurrency trading gains lie in a gray area as per the Indian taxation laws. Find out if you have to declare and pay income tax on your cryptocurrency investment gains.
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Cryptocurrency Trading: RBI Asks Banks Not to Refer to Is 2018 Circular on Digital Coins
RBI on Monday asked banks, NBFCs, and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to customers.
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Don't Quote Old Circular To Warn Customers On Crypto: RBI To Banks
The Reserve Bank of India (RBI) has asked banks, NBFCs and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to custom
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Supreme Court Quashes RBI Ban on Cryptocurrency Banking
Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders, removing a major hurdle for the development of the sector.
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Banks Will Soon Have To Stop Dealing In Bitcoin, Other Cryptocurrencies: 5 Things To Know
The RBI had set a deadline of three months starting April 6 to stop dealing in bitcoins and other virtual currencies.
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Cryptocurrency Ban: Supreme Court Refuses Stay On RBI Circular
According to the April 6 circular, the entities regulated by the RBI are prohibited from providing any service in relation to virtual currencies.
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To Evade RBI's Ban On Cryptocurrencies, Exchanges Keen To Run Operations Abroad
International Digital Asset Platform (IDAP) has moved its base to Estonia in Europe, while another crypto currency exchange BuyUCoin is moving to Singapore
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RBI Ban On Crypto-Currencies Banking Services Challenged In Delhi Court
The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'.
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RBI Circular Barring Banking Service For Crypto-Currencies Challenged In Delhi HC
The petitioner sought quashing of the RBI circular on cryptocurrency on the ground that it is arbitrary, unconstitutional
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Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty
RBI Governor Shaktikanta Das described cryptocurrencies as a ‘clear danger’ on Thursday. Warning about the risks of cryptocurrencies yet again, the central bank governor stated that “anything that derives value based on make believe”, without any underlying value, is simply “speculation under a sophisticated name”. The RBI’s warning c...
-
Income Tax on Cryptocurrency Gains: What Do the Rules Say?
Cryptocurrency trading gains lie in a gray area as per the Indian taxation laws. Find out if you have to declare and pay income tax on your cryptocurrency investment gains.
-
Cryptocurrency Trading: RBI Asks Banks Not to Refer to Is 2018 Circular on Digital Coins
RBI on Monday asked banks, NBFCs, and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to customers.
-
Don't Quote Old Circular To Warn Customers On Crypto: RBI To Banks
The Reserve Bank of India (RBI) has asked banks, NBFCs and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to custom
-
Supreme Court Quashes RBI Ban on Cryptocurrency Banking
Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders, removing a major hurdle for the development of the sector.
-
Banks Will Soon Have To Stop Dealing In Bitcoin, Other Cryptocurrencies: 5 Things To Know
The RBI had set a deadline of three months starting April 6 to stop dealing in bitcoins and other virtual currencies.
-
Cryptocurrency Ban: Supreme Court Refuses Stay On RBI Circular
According to the April 6 circular, the entities regulated by the RBI are prohibited from providing any service in relation to virtual currencies.
-
To Evade RBI's Ban On Cryptocurrencies, Exchanges Keen To Run Operations Abroad
International Digital Asset Platform (IDAP) has moved its base to Estonia in Europe, while another crypto currency exchange BuyUCoin is moving to Singapore
-
RBI Ban On Crypto-Currencies Banking Services Challenged In Delhi Court
The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'.
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RBI Circular Barring Banking Service For Crypto-Currencies Challenged In Delhi HC
The petitioner sought quashing of the RBI circular on cryptocurrency on the ground that it is arbitrary, unconstitutional
