The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.

This is a rundown of last week’s news updates on Privacy: Central Government addresses concerns about penalising export-import data publication The Central Government had, through the Finance Bill, proposed the insertion of Section 135AA in the Customs Act which would make publishing of export-import data from the country, unless required by law, a punishable offence, with imprisonment of up to six months. Owing to concerns as to ambiguity in the type of data and whether publishing aggregate trade data would amount…

The post Latest Updates on Privacy – February, 2021 – Part I appeared first on BananaIP Counsels.

An Indian couple has uniquely digitized their wedding. The couple integrated non-fungible tokens (NFTs) in their event. The NFTs will run on the Ethereum blockchain. [...]

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India...

The post India Will Regulate Crypto and Unveil the Digital Rupee appeared first on Live Bitcoin News.

Their families were able to join the wedding via Google Meet. The couple tied the knot on November 15, 2021.

The post has appeared first on thenewscrypto.com

Both Bitcoin and Ethereum recrossed critical thresholds, but they’re not the week’s biggest risers.

Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax […]

India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, printing, and the logistics of cash management, the prime minister reportedly explained. India’s Prime Minister Modi Sees Benefits of […]

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance…

The post India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation appeared first on Bitcoin News Miner.

According to the budget documents released yesterday, the government has allocated Rs 62,057 crore to a special purpose vehicle (SPV), Air India Asset Holding Ltd (AIAHL), to house the majority of Air India’s debt. The government has also assigned Rs […]

The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.