Government passes Finance Bill 2022 with controversial crypto tax provisions

Cryptocurrency India Weekly

Here are the top cryptocurrency news headlines from India this week:
Government passes Finance Bill 2022 with controversial crypto tax provisions: https://inc42.com/buzz/parliament-formalises-ban-on-offsetting-crypto-losses-via-amendments/ ;
New Indian Crypto Tax Law: https://coincrunch.in/2022/03/25/new-indian-crypto-tax-law/ ;
Indian crypto industry thinking about moving Supreme Court: https://www.coindesk.com/policy/2022/03/22/indian-crypto-industry-mulls-supreme-court-move-as-tax-break-expectations-disappear/ ;
India to classify crypto under GST law soon: https://www.business-standard.com/article/economy-policy/indian-govt-working-on-classification-of-cryptocurrency-under-gst-law-122032000357_1.html ;
GST to Be Paid for Trading on Non-Indian Crypto Exchanges: https://coincrunch.in/2022/02/04/gst-to-be-paid-for-trading-on-non-indian-crypto-exchanges/ ;
Crypto exchanges will not advertise during the IPL: https://economictimes.indiatimes.com/tech/technology/top-cryptocurrency-exchanges-not-to-advertise-during-ipl/articleshow/90402672.cms ;
Amitabh Bachchan pays tax on NFT after notice: https://coincrunch.in/2022/03/23/amitabh-bachchan-pays-tax-on-nft-after-notice/ ;
Daler Mehndi buys virtual land in metaverse: https://inc42.com/buzz/indian-pop-singer-daler-mehndi-buys-metaverse-property-balle-balle-land/ ;
Auto giant Mahindra to launch NFTs: https://www.livemint.com/auto-news/mahindra-drives-into-nft-thar-suv-to-get-digitized-first-11648211864156.html ;
Coinbase Ventures launches Web3 start-up support programme in India: https://coinbase.buidlerstribe.com/ ;
FanCraze raises $100 million to expand Its cricket metaverse: https://economictimes.indiatimes.com/tech/funding/fancraze-raises-100-million-in-a-funding-round-led-by-insight-partners/articleshow/90423551.cms ;
Crypto-Friendly fantasy sports startup EarnU enters India: https://inc42.com/buzz/crypto-friendly-fantasy-sports-startup-earnu-forays-into-india/ ;
Cypher Capital launches $100 million blockchain fund: https://www.businessinsider.in/cryptocurrency/news/cypher-capital-launches-100-million-blockchain-fund-with-an-aim-to-invest-40-of-it-in-crypto-startups-in-india/articleshow/90400157.cms ;
Coinbase starts rolling out UPI payment options in India: https://yourstory.com/the-decrypting-story/crypto-exchange-coinbase-upi-imps-india-payment/amp ;
CoinDCX launches SIPs for crypto investments: https://www.businessinsider.in/investment/news/coindcxs-customers-can-now-do-weekly-sips-for-crypto-investments/articleshow/90416668.cms ;
CoinSwitch Kuber completes first ESOP Buyback worth $2.5 Mn: https://inc42.com/buzz/crypto-unicorn-coinswitch-completes-first-esop-buyback-worth-2-5-mn/ ;
WazirX lists ApeCoin (APE), Astar Trading (ASTR) and Alpine F1 Team Fan Token (ALPINE) in its USDT market and JasmyCoin (JASMY) in its INR market;
Bitbns announced new IEO on its Bitbns Launchpad platform;
Zebpay makes USDT-INR and BUSD-INR pairs live on its platform.