Newsisland
New Delhi: Most financial transactions today involve an intermediary such as a bank or broker that helps track where money comes from and where it goes. Traditionally, this system has made sure that financial activity can be monitored and verified. But imagine a financial service that does not need a…
India relationship with virtual digital assets (VDAs) presents a clear paradox. On one hand, the country continues to lead globally in grassroots crypto adoption. For the third consecutive year, India secured the top position in the Geography of Cryptocurrency rankings published by Chainalysis. This widely cited industry assessment has influenced…
What global tax models reveal about the risks of India’s high-friction VDA regime Dilip ChenoyChairperson, Bharat Web3 Association The global discourse on the taxation of virtual digital assets has evolved significantly over the past half decade. Early policy responses, shaped by uncertainty and institutional caution, often relied on taxation as…
