Tag Archives: India

Did India Just Get Handed A Crypto Lifeline?

The Law Commission of India may have just brought its country’s use of cryptocurrencies back to life, after the Supreme Court’s decision to ban its use earlier this year. In late July this year, the Law Commission of India released a report titled ‘Legal Framework: Gambling and Sports Betting Including In Cricket In India’. The […]

Indian Crypto Traders Are Not Bothered By The Ban

Following the Reserve Bank of India’s (RBI) decision to ban virtual currency, local crypto traders have already found a way to circumvent it: they are introducing a peer-to-peer model which will allow digital currency trade regardless of what the government decides, writes businesstoday.in Back in April, the RBI issued a directive that set the 5th of July as […]

India’s Supreme Court decides: ‘Ban on Crypto Services Stays, For Now.’

This week, the Supreme Court of India refused a request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency. The restrictions, put in place by the Reserve Bank of India, the RBI, include a ‘ban’ on crypto services, which now will remain in place at least until the formal hearing. Reserve Bank of […]

Spanish Tax Authority Wants Crypto Trading Data, India, Pakistan Crack Down On Crypto

Spanish Tax Authority Wants Crypto Trading Data Spain’s tax regulator, Agencia Estatal de Administración Tributaria (AEAT), has issued 60 formal requests to cryptocurrency entities including banks, cryptocurrency exchanges, securities firms and crypto-accepting businesses seeking private customer data, such as identification documents, bank details, payment card information, cryptocurrency trading data and more. The information is being […]