In this blog post, we discuss the key changes from the Budget which impact the cryptocurrency sector. The Indian Finance Minister announced the annual financial statement (Budget) for the financial year 2022-23 on February 1. The Budget introduced some important developments for the cryptocurrency sector. The changes announced largely revolve around income tax on earningsRead more
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Crypto’s high returns have given bragging rights to cryptocurrency service providers, who leverage this in their advertisements. These adverts grab a lot of eyeballs – including those of the regulators. We discuss various regulatory approaches to crypto adverts. We all have a friend who tells us that a 1₹ investment in Bitcoin in 2010 wouldRead more
NFTs are everywhere – from Amitabh Bachchan to the NBA. While India is deliberating a new law to regulate cryptocurrencies (and possibly NFTs), it is only fair to ask – one law to rule them all? NFTs have been at the centre of everyone’s attention ever since the much talked about sale of Beeple’s “EverydaysRead more
Last time, we gave you a good rundown of what you could expect from NFTs, as the fledgling tech vacillates between price speculation and progress. You’ve probably read enough about NFTs to know what they are – paintings, 3D images, videos, short clips, or just about anything that can have a digital identity. From our previousRead more
We’re not going to talk about what NFTs are – there are enough and more by way of explainer pieces discussing the shiny new tokens, and drawing you into the blockchain world. And while most of these are gushing about the new gold mine for you to chase, sizing up investment opportunities, and sounding likeRead more