<p>Chartered Accountants India | Cryptocurrency Taxation | NRI Taxation | USDT Arbitrage | UAE Company Incorporation | Outsource Accounting Services | 2025</p>
Referral programs are a proven marketing tactic for various companies and industries including crypto companies, projects and coins. In this article, we shall discuss the taxability of crypto received from such referral programs. Earning crypto from referral programs is a process that involves promoting a…
Recent news and analysis indicate that many Ponzi crypto apps are targeting and defrauding people in India. Many of these Ponzi cryptocurrency apps lure Indian customers and scam them by promising them high returns in short period of time.
Ponzi schemes are investment plans in which the owner or operating firm pays investors' returns from new cash raised from new investors rather than from the company's revenues.
Crypto Ponzi schemes are crypto investment frauds that pay existing investors with funds collected from new investors. Crypto is a prime target for the masterminds of Ponzi schemes. Average investors do not fully understand the technology that crypto uses or how to evaluate a cryptocurrency as a sound investment. Unlike traditional investments where investors can dig into earnings, analyst research reports, audited documents and other required regulatory material, many crypto projects are unregulated and having anonymous founders is not unusual in the space.
As our readers are aware, we constantly search for novel arbitrage opportunities that enable individuals to earn relatively risk-free profits. Many of our clients and traders are acquainted with the USDT INR arbitrage opportunities within the cryptocurrency markets. Today we are going to talk about…