Crypto Firms Seek Tax Relaxation From Government Ahead of Union Budget

India’s contribution in the development of Web3, metaverse, and blockchain could increase multi-fold, if more Indians engaged with the digital assets sector, according to PayBito chief Raj Chowdhury. India’s current tax regime on the digital assets sector, Chowdhury believes, is restricting the growth potential of the sector in the country. In an appeal to India’s … Read more

Crypto Adoption Highest in Delhi, Jaipur; Bitcoin Rides on Popularity: CoinSwitch

Interest in cryptocurrencies in India appears to have heated up this year, according a report released by CoinSwitch on Wednesday. Delhi, Bengaluru, and Hyderabad were the cities with the highest crypto adoption, according to the findings of the crypto exchange. Among Tier-2 cities, Jaipur recorded accelerating growth in terms of adoption. CoinSwitch, that caters to … Read more