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#ReduceCryptoTax: India’s Web3 Community Demands Relief, Offers Ideas Ahead of Budget 2024
For the last two years, the Indian government has paid no heed to the sentiment of the Web3 community, that has been urging for a revision on crypto-related tax laws. Ahead of the upcoming budget announcement for the year 2024-2025, the Web3 community of India have hit social networking platforms with the hashtag -- ‘#ReduceCryptoTax’.
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Crypto Industry’s Talent-Demand Supply Dynamic Notably Diversified in 2023, Good Scope Ahead: Unocoin CEO
In conversation with Gadgets360, Unocoin’s Sathvik Vishwanath said that the talent demand-supply dynamic of the crypto industry has diversified and moved beyond classic developer roles in the last one year.
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28 Crypto Firms Register Operations with India’s Financial Intelligence Unit: Details
Aiming to ensure that the crypto sector was safe to engage with, Indian authorities had asked all operating crypto firms to register with them. Unocoin, Giottus, Zebpay, Mudrex, Buyucoin, Rario, and Bitbns are among the 28 crypto firms that have registered their operations with the Indian Financial Intelligence Unit (FIU).
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Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
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Cryptocurrency Exchanges in the SEC's Crosshairs: Safeguarding Investor Interest Amid the Web3 Evolution
Sathvik Vishwanath, the founder and CEO of the Unocoin crypto exchange shares his opinions on the changing landscape of US' crypto sector under the oversight of the Securities and Exchange Commission.
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Telegram-Backed TON Blockchain Adds End-to-End Encryption to Messages, Boosts Privacy Factor
The users of TON blockchain will now be allowed to encrypt their messages end-to-end — accessible only to the end recipient. Up until now, when a TON user sent a message tagged to a financial transaction to another user, it used to be open to the public.
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Crypto Industry Frustrated With SEC’s Scrutiny, Indian Players Weigh In
Crypto insiders from India have weighed-in on the SEC vs Coinbase and Binance situation, agreeing that the overall industry is indeen frustrated. In the backdrop of SEC’s back-to-back strikes against crypto players, industry players have begun wandering off, seeking greener pastures outside of the States, Sathvik Vishwanath from Unocoin and Mahin...
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Unocoin Brings Telegram-Backed Toncoin for Purchase, Exchange in India
Unocoin crypto exchange has listed Toncoin for purchase and trade for its Indian users. With this inclusion, Unocoin is looking forward to onboarding more users on the platform. As of now, Unocoin is the only crypto exchange in India to list Toncoin on its platform.
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Foreign Crypto Players May Fear Navigating in India’s Uncertain Legal Climate: Unocoin Chief
Foreign crypto space is seeing a shortage of Indian faces because of the confusion of what’s allowed and what’s not allowed for crypto players in the nation. Talking to Gadgets 360, Unocoin chief Sathvik Viskwakarma said that the Indian crypto community will shine on the global map only after industry players get a nurturing backing from the go...
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Government Recovers Over Rs. 95 Crore From 11 Cryptocurrency Exchanges for GST Evasion
Indian government announced on Monday that it had recovered over Rs. 95 crore from 11 cryptocurrency exchanges including WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, and UnoCoin in GST evasion cases.
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YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
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Cryptocurrency Exchanges Across India Said to Face DGCI Crackdown, Rs. 70-Crore Tax Evasion Detected
After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.
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Unocoin Says Users Can Now Buy Gift Vouchers With Bitcoins From Brands Such as Domino’s Pizza, Prestige, More
Cryptocurrency exchange Unocoin is now offering its users an option to buy gift vouchers from at least 90 different brands using Bitcoin. A registered Unocoin user can use Bitcoin — starting from Rs. 100 to Rs. 5,000 — to buy the vouchers, the company announced on Friday.
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Unocoin on Bringing Bitcoin to Billions in India
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to Unocoin co-founder Harish BV to know of the company’s history, growth, and future plans. We also talk to experts to understand what this st...
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India Said to Propose Cryptocurrency Ban, Penalising Miners, Traders
Indian government will introduce a new bill that will propose banning cryptocurrencies in India and penalising anyone trading or even holding such digital assets, a senior government official told Reuters.
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#ReduceCryptoTax: India’s Web3 Community Demands Relief, Offers Ideas Ahead of Budget 2024
For the last two years, the Indian government has paid no heed to the sentiment of the Web3 community, that has been urging for a revision on crypto-related tax laws. Ahead of the upcoming budget announcement for the year 2024-2025, the Web3 community of India have hit social networking platforms with the hashtag -- ‘#ReduceCryptoTax’.
-
Crypto Industry’s Talent-Demand Supply Dynamic Notably Diversified in 2023, Good Scope Ahead: Unocoin CEO
In conversation with Gadgets360, Unocoin’s Sathvik Vishwanath said that the talent demand-supply dynamic of the crypto industry has diversified and moved beyond classic developer roles in the last one year.
-
28 Crypto Firms Register Operations with India’s Financial Intelligence Unit: Details
Aiming to ensure that the crypto sector was safe to engage with, Indian authorities had asked all operating crypto firms to register with them. Unocoin, Giottus, Zebpay, Mudrex, Buyucoin, Rario, and Bitbns are among the 28 crypto firms that have registered their operations with the Indian Financial Intelligence Unit (FIU).
-
Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
-
Cryptocurrency Exchanges in the SEC's Crosshairs: Safeguarding Investor Interest Amid the Web3 Evolution
Sathvik Vishwanath, the founder and CEO of the Unocoin crypto exchange shares his opinions on the changing landscape of US' crypto sector under the oversight of the Securities and Exchange Commission.
-
Telegram-Backed TON Blockchain Adds End-to-End Encryption to Messages, Boosts Privacy Factor
The users of TON blockchain will now be allowed to encrypt their messages end-to-end — accessible only to the end recipient. Up until now, when a TON user sent a message tagged to a financial transaction to another user, it used to be open to the public.
-
Crypto Industry Frustrated With SEC’s Scrutiny, Indian Players Weigh In
Crypto insiders from India have weighed-in on the SEC vs Coinbase and Binance situation, agreeing that the overall industry is indeen frustrated. In the backdrop of SEC’s back-to-back strikes against crypto players, industry players have begun wandering off, seeking greener pastures outside of the States, Sathvik Vishwanath from Unocoin and Mahin...
-
Unocoin Brings Telegram-Backed Toncoin for Purchase, Exchange in India
Unocoin crypto exchange has listed Toncoin for purchase and trade for its Indian users. With this inclusion, Unocoin is looking forward to onboarding more users on the platform. As of now, Unocoin is the only crypto exchange in India to list Toncoin on its platform.
-
Foreign Crypto Players May Fear Navigating in India’s Uncertain Legal Climate: Unocoin Chief
Foreign crypto space is seeing a shortage of Indian faces because of the confusion of what’s allowed and what’s not allowed for crypto players in the nation. Talking to Gadgets 360, Unocoin chief Sathvik Viskwakarma said that the Indian crypto community will shine on the global map only after industry players get a nurturing backing from the go...
-
Government Recovers Over Rs. 95 Crore From 11 Cryptocurrency Exchanges for GST Evasion
Indian government announced on Monday that it had recovered over Rs. 95 crore from 11 cryptocurrency exchanges including WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, and UnoCoin in GST evasion cases.
-
YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
-
Cryptocurrency Exchanges Across India Said to Face DGCI Crackdown, Rs. 70-Crore Tax Evasion Detected
After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.
-
Unocoin Says Users Can Now Buy Gift Vouchers With Bitcoins From Brands Such as Domino’s Pizza, Prestige, More
Cryptocurrency exchange Unocoin is now offering its users an option to buy gift vouchers from at least 90 different brands using Bitcoin. A registered Unocoin user can use Bitcoin — starting from Rs. 100 to Rs. 5,000 — to buy the vouchers, the company announced on Friday.
-
Unocoin on Bringing Bitcoin to Billions in India
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to Unocoin co-founder Harish BV to know of the company’s history, growth, and future plans. We also talk to experts to understand what this st...
-
India Said to Propose Cryptocurrency Ban, Penalising Miners, Traders
Indian government will introduce a new bill that will propose banning cryptocurrencies in India and penalising anyone trading or even holding such digital assets, a senior government official told Reuters.
