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Showing posts from February 3, 2022

Wazirx Crypto currency update

Join us for more information Dear Tribe !  A positive outlook towards Crypto and blockchain is finally in black and white now! 1 February 2022 has made a mark in the history of Crypto. India is finally on the path to legitimising the crypto sector. This progressive stance from the Government has validated the industry to a large extent. The Government is definitely not thinking of a ban anymore! Our Finance Minister has indicated that Crypto falls under the 'virtual digital assets' bucket and is a special asset class. We stand by her words that Crypto is not a currency. On the other hand, a digital currency, governed by the RBI, is also on the cards. It's a piece of phenomenal news that India is launching a blockchain-powered Digital Rupee soon. This move will pave the way for crypto adoption and put India in the front seat of innovation and adoption to web 3.0.  Most of the Indian crypto investors have been self-reporting crypto-related income in their income tax returns s...