Understanding the law: Why crypto is a virtual digital asset?
VDAs are information, code, number or token not being Indian or foreign currency, generated by cryptographic means or otherwise.
Source: indiatoday.in
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Crypto Payment Legalized In Swiss City Lugano; Citizens Can Pay Taxes Too In Crypto
Bitcoin, USD Tether and LVGA Token, all three approved as the “de facto” legal tender of the town.
Source: mashable.com
Indian Crypto Ad Guidelines: Stakeholders Want Separate NFT Guidelines
The crypto ad guidelines need further amendments such as detaching NFTs from crypto, and more, demand crypto industry stakeholders
Source: inc42.com
Does cryptocurrency need to be a legal tender for you to trade in it?
For a long time now, there were discussions about whether “Crypto” will be considered as a legal tender or not! The Budget 2022 announcement has made it clear that, in India, Crypto will be considered as a “Virtual Digital Asset” as per the newly inserted Clause 47A in Section 2 of the Income Tax Act, 1961.
Source: freepressjournal.in
Indore: Woman falls while boarding a moving train, killed
She was going to Barwaha for Narmada Jayanti programme
Source: freepressjournal.in