Indian government’s cryptocurrency regulations become tighter and tighter. This time, the Ministry of corporate affairs shared a new rule including, companies that have traded or invested in cryptocurrency and digital currency are required to detail financial statements. In February 2021, the Indian government put a complete ban on using cryptocurrencies and gave a transition period […]
Tag: India

No More Cryptocurrencies in India. Here’s Why
Indian parliament will soon be introducing a complete ban on cryptocurrencies claimed by an anonymous source has to be a member of the senior Indian Finance Ministry. This is not a good thing for the whole cryptocurrency industry because India is the world’s 2nd largest country by popularity. According to a report by Bloomberg, while […]