Topic: India

India Ban Cryptocurrency CoinChapter

India Imposing Capital Tax on Bitcoin Companies Reduces “Blanket Ban” Fears

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Yerevan(CoinChapter): A wave of controversy arose after the Indian government proposed a law enforcing what initially was perceived as a blanket ban on all cryptocurrencies, banning not only all transactions but also declaring that even holding digital assets will be regarded as illegal.  This bill, which did NOT become law yet, proposes to criminalize all […]

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India to ban IPO promoters from holding cryptocurrency

India Securities Regulator Reportedly Looking To Bar IPO Promoters From Holding Crypto

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According to a report from the Economic Times. The Securities Board of India may disqualify IPO promoters from elevating funds if they hold cryptocurrencies. The move is reportedly an extension of SEBI’s instructions to securities lawyers, merchant banks, and other stakeholders in the IPO ecosystem relating to cryptos. This looks to be the latest anti-crypto […]

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Cryptocurrency Ban in India

Indian Government Recommends Ban on all Cryptocurrencies

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Indian finance minister Nirmala Sitharaman recently revealed that a high-level committee suggested that all non-state issued cryptocurrencies will be banned in the country. Sitharaman, in response to a question in Rajya Sabha whether the central government is planning to issue strict guidelines on cryptocurrency trading. Said: “A high-level Inter-Ministerial Committee (IMC) constituted under the Chairmanship […]

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