Crypto News
Follow the latest developments in Bitcoin, Ethereum, altcoins, DeFi protocols, and digital asset regulation. This section covers price action, major protocol upgrades, institutional adoption, exchange news, and government policy changes that affect crypto markets. For Indian investors, we track local regulatory developments, tax rule changes, and exchange-specific updates so you can navigate the crypto landscape with clarity amid an evolving regulatory environment.
Frequently Asked Questions
How is cryptocurrency taxed in India?
India taxes crypto gains at a flat 30% (plus 4% cess) with no deductions allowed except the cost of acquisition. You cannot offset crypto losses against other income or even against gains from other crypto assets. Additionally, a 1% TDS applies on crypto transactions above Rs 10,000 per year. These rules apply to all virtual digital assets including Bitcoin, Ethereum, NFTs, and tokens.
Is cryptocurrency legal in India?
Cryptocurrency is not illegal in India, but it is not recognised as legal tender either. The Supreme Court lifted the RBI banking ban in 2020, and exchanges operate legally. However, there is no dedicated regulatory framework yet. The government has imposed heavy taxes and TDS, signalling a discouraging stance without an outright ban. Investors should stay updated on evolving regulations before committing significant capital.
What moves Bitcoin and crypto prices?
Crypto prices are driven by a mix of factors: US Federal Reserve policy and interest rates, institutional adoption, regulatory news globally, Bitcoin halving cycles, on-chain metrics like wallet activity and exchange outflows, and broader risk sentiment. Unlike stocks, crypto trades 24/7 and is heavily influenced by social media sentiment and whale (large holder) activity. Expect high volatility — 10-20% swings in a week are not unusual.