Page 8 - Cryptocurrency

Cryptocurrency will never be a legal tender: Finance secy Somanathan

Cryptocurrency will never be a legal tender, Finance Secretary T V Somanathan said on Thursday clearing the air on the legality of private digital currencies in the market.

After cryptocurrencies, money laundering via NFTs next big worry

After serious concerns were raised on cryptocurrencies and their misuse for money laundering and hawala-based transactions by terror groups and criminals

Crypto platform Wormhole says 'funds are safe' after $320-mn hack

Hack is fourth-biggest ever crypto theft as DeFi sites are increasingly being targeted by criminals* Wormhole says on Telegram channel 'all funds are safe'

CBDT chairman explains why huge collections are expected from 'crypto tax'

Crypto investors should know that transactions done before April 2022 will not be tax-free, says J B Mohapatra

Hackers steal $323 mn in crypto from cross-chain protocol Wormhole

Wormhole is a platform that allows users to transfer cryptocurrency across different blockchains.

TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds

How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode

Crytocurrency tax: How will the Budget 2022 rules impact crypto investors?

A highlight of Budget 2022 was the proposal to levy 30% tax on gains from transfer of digital assets and 1% TDS on payments towards virtual currencies. What will be the impact on crypto investors?

We have been studying crypto sector for the past five years: JB Mohapatra

We now have sufficient working knowledge as to how the sector works, and in what manner surplus is being generated, says Mohapatra

Pune cop kidnapped crypto trader for $40 million Bitcoin ransom

A police constable accused of kidnapping a local cryptocurrency trader and demanding Bitcoin ransom worth $40 million has been arrested along with seven accomplices

LIVE: Rahul says judiciary, EC instruments of destroying voice of states

'Not only as India's Law Minister but also as an ordinary citizen, I condemn what Rahul Gandhi has said about India's judiciary and EC. Rahul Gandhi should immediately apologise,' tweets Kiren Rijiju

Budget 2022: RSS-linked body SJM offers some praise, flags some concerns

Lauds 30% crypto tax, push for domestic investment; laments little emphasis on middle class, small-scale industry

Bitcoin, Ethereum or NFT will never become legal tender: Finance Secretary

People investing in private crypto should understand that it is not having the authorisation of the government, says Finance Secretary T V Somanathan

Cryptocurrency to be taxed like gambling win, says top FinMin official

'We have now put in a taxation framework that treats crypto assets the same way we treat winnings from horse races, or from bets and other speculative transactions,' says Finance Secretary

Stand-up comedian Atul Khatri's take on best and worst of Budget 2022

The best thing has been the announcement of the national tele mental health programme for mental health counselling, says Khatri

Cryptocurrency tax: Budget 2022 proposals show India warming up to cryptos

Bitcoin rose more than 2% from the day's low following the taxation announcement

Cryptocurrency tax and Digital Rupee to spur adoption of cryptos: Industry

Clarity required on how digital collectibles like NFTs will be taxed, say experts

Cryptocurrency tax doesn't give legitimacy to private digital currency: FM

We are not taxing a currency (digital rupee) that is yet to be issued

Cryptocurrency tax: Relief for crypto investors as Budget ushers in norms

The FM has announced a 30 per cent tax on any income from the transfer of virtual/digital assets

Top headlines: Budget bets on public infra; FM says no crypto legitimacy

Finance Minister claims 'overall sharp rebound and recovery' of the Indian economy from the Covid-19 pandemic

The government has hit 5 sixes in a row with this Budget: Shankar Sharma

The markets gave a thumbs up to the budget. In an interview with Business Standard, Vice-Chairman and Joint Managing Director at First Global, Shankar Sharma, shared his views on this year's budget