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Banks are still on the fence about working with crypto firms even after RBI's ban was overturned.
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Banks are still on the fence about working with crypto firms even after RBI's ban was overturned.
It has also proposed setting up a sandbox to explore use cases of distributed ledger technology.
The crypto industry has decried the move, stating that it would hamper the privacy rights of crypto holders.
The accused allegedly drew investors by organising promotional events with celebrities.
Leveraging blockchain, it is looking to make these documents tamper-proof and weed out fraudulent benefit claims.
While there is no clear definition of cryptocurrency in the GST law, the government might be looking to change that.
MPs across the board voiced their opinion on the rights and wrongs of the crypto tax that's set to take effect from April 1.
To add insult to injury, the government recently clarified that loss on crypto assets cannot be offset against gains.
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Central govt working to categorise cryptocurrency under GST law The central government is working on categorising cryptocurrencies under the GST law so that tax...