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Cryptocurrency Tax Advisor (37)

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Cryptocurrency bill India is ready, awaiting cabinet clearance

Cryptocurrency bill India is ready, awaiting cabinet clearance. The Union Cabinet is soon expected to take up a bill to regulate cryptocurrency and its growing market in India, Finance Minister Nirmala Sitharaman said on August 16. "Cabinet note is ready on cryptocurrency bill. I am awaiting…

Indian Bank stopping customers from investing in crypto overseas

Indian bank bars customers from investing in crypto overseas using RBI’s remittance system. ICICI Bank, one of the largest private sector bank in the country has updated its remittance form requiring clients to explicitly declare that they will not use foreign remittances to buy digital…

Can Crypto Stablecoins be used to Transform Treasury Operations of Companies?

Recent government notification seeking disclosure of Crypto transactions & holdings, so in light of that development, Can Crypto Stablecoins be used to Transform Treasury Operations of companies in India? Ministry of corporate affairs (MCA) has asked all companies in the country to mandatorily disclose any…