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IMPORTANT TO READ 🔥📈 With Bhutan quietly amassing over $1 billion in Bitcoin, it’s time for India to ask a key question: What if we took a step towards Bitcoin too? Here’s what could happen if India starts investing in Bitcoin: 1. Global Economic Influence: If India starts holding Bitcoin, it could place us alongside countries like the U.S. and China in the digital asset space. This could secure India’s spot as a global financial powerhouse in the future economy. 2. Innovation & Jobs: The Bitcoin industry brings innovation, startups, and jobs. Investing in Bitcoin could foster blockchain tech, which could create a wave of job opportunities for the youth. 3.Economic Growth: Bitcoin’s value has surged over the years. A small allocation in the country's reserves could multiply over time, potentially increasing India's financial stability and growth. 4. Financial Inclusion: Bitcoin is accessible to anyone with internet, providing financial options for the underbanked. India could lead a financial inclusion revolution by embracing Bitcoin. Imagine an India that combines the world’s fastest-growing economy with the most forward-looking asset! Are we ready to take the leap?#india_crypto
IMPORTANT TO READ 🔥📈

With Bhutan quietly amassing over $1 billion in Bitcoin, it’s time for India to ask a key question: What if we took a step towards Bitcoin too? Here’s what could happen if India starts investing in Bitcoin:

1. Global Economic Influence: If India starts holding Bitcoin, it could place us alongside countries like the U.S. and China in the digital asset space. This could secure India’s spot as a global financial powerhouse in the future economy.

2. Innovation & Jobs: The Bitcoin industry brings innovation, startups, and jobs. Investing in Bitcoin could foster blockchain tech, which could create a wave of job opportunities for the youth.

3.Economic Growth: Bitcoin’s value has surged over the years. A small allocation in the country's reserves could multiply over time, potentially increasing India's financial stability and growth.

4. Financial Inclusion: Bitcoin is accessible to anyone with internet, providing financial options for the underbanked. India could lead a financial inclusion revolution by embracing Bitcoin.

Imagine an India that combines the world’s fastest-growing economy with the most forward-looking asset!
Are we ready to take the leap?#india_crypto
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Bearish
Is this a bull market or a bear market? What’s the point of BTC halving? lol #india_crypto $BTC $MATIC
Is this a bull market or a bear market?
What’s the point of BTC halving? lol
#india_crypto $BTC $MATIC
🚨BREAKING: #Crypto Dealings Not Illegal in India, Says High Court👩‍⚖️ $BTC $ETH #india_crypto
🚨BREAKING: #Crypto Dealings Not Illegal in India, Says High Court👩‍⚖️ $BTC $ETH #india_crypto
🇮🇳 Crypto Regulation in India 🇮🇳 The Indian government is on the verge of introducing a groundbreaking crypto bill! This new legislation aims to regulate digital assets while promoting the innovative potential of blockchain technology. Significant Step: This development marks a major move towards integrating digital assets into India's financial system, showcasing the country's commitment to embracing technological advancements responsibly.Stay tuned as India sets the stage for a revolutionary shift in the crypto landscape#RoninBridgeAlert #BlackRockETHOptions #india_crypto #Write2Earn! $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
🇮🇳 Crypto Regulation in India 🇮🇳
The Indian government is on the verge of introducing a groundbreaking crypto bill! This new legislation aims to regulate digital assets while promoting the innovative potential of blockchain technology.

Significant Step: This development marks a major move towards integrating digital assets into India's financial system, showcasing the country's commitment to embracing technological advancements responsibly.Stay tuned as India sets the stage for a revolutionary shift in the crypto landscape#RoninBridgeAlert #BlackRockETHOptions #india_crypto #Write2Earn! $BTC
$ETH
$BNB
🔥🔥 **Indian Authorities Demand $86 Million in Tax from Binance Before Resuming Operations** 😲😲😲😲 📢 Binance, the world’s largest cryptocurrency exchange, is facing tax evasion claims in India, with authorities demanding $86 million in unpaid taxes before the platform can resume operations in the country. This marks the first time the Indian government is directly taxing a crypto entity within its borders. Binance, along with other crypto projects, was banned from India in January 2024 for non-compliance with local regulations. However, Binance announced in April its intentions to restart operations in the country. On August 6, the Directorate General of Goods and Service Tax Intelligence (DGGI), an Indian law enforcement agency, officially demanded $86 million from Binance, accusing the exchange of evading the Goods and Services Tax (GST) 🚨. A source from the DGGI revealed that Binance earned a significant amount of money by charging Indian customers for transactions on their platform. The investigation found that these earnings, totaling at least Rs 4,000 crore, were credited to the account of a Binance Group company, Nest Services Limited, based in Seychelles. In response to the demand, Indian authorities reached out to Binance offices in Seychelles, The Cayman Islands, and Switzerland. However, it appears that Binance has reportedly ignored those communications. The situation is still developing, and it remains to be seen how Binance will address these tax claims. #Binance #india_crypto #CryptoTax🇮🇳💰📊🌐 #Write2Earn! #MarketDownturn $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $SOL {spot}(SOLUSDT)
🔥🔥 **Indian Authorities Demand $86 Million in Tax from Binance Before Resuming Operations** 😲😲😲😲

📢 Binance, the world’s largest cryptocurrency exchange, is facing tax evasion claims in India, with authorities demanding $86 million in unpaid taxes before the platform can resume operations in the country.

This marks the first time the Indian government is directly taxing a crypto entity within its borders. Binance, along with other crypto projects, was banned from India in January 2024 for non-compliance with local regulations. However, Binance announced in April its intentions to restart operations in the country.

On August 6, the Directorate General of Goods and Service Tax Intelligence (DGGI), an Indian law enforcement agency, officially demanded $86 million from Binance, accusing the exchange of evading the Goods and Services Tax (GST) 🚨.

A source from the DGGI revealed that Binance earned a significant amount of money by charging Indian customers for transactions on their platform. The investigation found that these earnings, totaling at least Rs 4,000 crore, were credited to the account of a Binance Group company, Nest Services Limited, based in Seychelles.

In response to the demand, Indian authorities reached out to Binance offices in Seychelles, The Cayman Islands, and Switzerland. However, it appears that Binance has reportedly ignored those communications.

The situation is still developing, and it remains to be seen how Binance will address these tax claims. #Binance #india_crypto #CryptoTax🇮🇳💰📊🌐 #Write2Earn! #MarketDownturn $BTC
$ETH
$SOL
🚨😳😳😳Binance Challenges India's $86M Tax Notice😳😳🚨🚨 Binance, the world's largest cryptocurrency exchange, has contested a nearly $86 million tax showcause notice issued by India's Directorate General of Goods and Services Tax Intelligence (DGGI). The notice, issued by the DGGI's Ahmedabad chapter, alleges that Binance collected fees from Indian customers trading on its platform without paying the necessary taxes from July 2017 to March 2024. The DGGI is responsible for collecting and disseminating intelligence related to tax evasion and operates under India's Ministry of Finance. According to a Binance spokesperson, the company is fully cooperating with Indian authorities and remains committed to adhering to domestic regulations. This incident follows a previous fine of approximately $2.2 million in June 2024 for providing services to Indian clients without complying with anti-money laundering rules. Despite this, Binance received approval from India's Financial Intelligence Unit (FIU) as a registered entity earlier this year. The DGGI's investigation is separate from the FIU's, focusing on the Online Information and Database Access or Retrieval Services (OIDAR) provided by Binance, which are accessed online without physical interaction with the service provider. The Economic Times reported that Binance earned over $476 million in transaction fees, transferred to Nest Services Limited, a Binance Group Company based in Seychelles. This showcause notice marks a significant action by the DGGI against an international crypto exchange. 🚨 Binance Challenges India's $86M Tax Notice🚨 Summary: Binance has contested an $86M tax notice from India's tax authority, issued for allegedly unpaid taxes on fees collected from Indian customers. Key Points: - Notice Issuer: Directorate General of Goods and Services Tax Intelligence (DGGI), Ahmedabad. - Period: July 2017 - March 2024. - Previous Fine: $2.2M for AML non-compliance in June 2024. #CryptoNewss #india_crypto #TaxNotice #Write2Earn! #ETHETFsApproved
🚨😳😳😳Binance Challenges India's $86M Tax Notice😳😳🚨🚨
Binance, the world's largest cryptocurrency exchange, has contested a nearly $86 million tax showcause notice issued by India's Directorate General of Goods and Services Tax Intelligence (DGGI). The notice, issued by the DGGI's Ahmedabad chapter, alleges that Binance collected fees from Indian customers trading on its platform without paying the necessary taxes from July 2017 to March 2024.
The DGGI is responsible for collecting and disseminating intelligence related to tax evasion and operates under India's Ministry of Finance. According to a Binance spokesperson, the company is fully cooperating with Indian authorities and remains committed to adhering to domestic regulations.
This incident follows a previous fine of approximately $2.2 million in June 2024 for providing services to Indian clients without complying with anti-money laundering rules. Despite this, Binance received approval from India's Financial Intelligence Unit (FIU) as a registered entity earlier this year. The DGGI's investigation is separate from the FIU's, focusing on the Online Information and Database Access or Retrieval Services (OIDAR) provided by Binance, which are accessed online without physical interaction with the service provider.
The Economic Times reported that Binance earned over $476 million in transaction fees, transferred to Nest Services Limited, a Binance Group Company based in Seychelles. This showcause notice marks a significant action by the DGGI against an international crypto exchange.
🚨 Binance Challenges India's $86M Tax Notice🚨
Summary:
Binance has contested an $86M tax notice from India's tax authority, issued for allegedly unpaid taxes on fees collected from Indian customers.
Key Points:
- Notice Issuer: Directorate General of Goods and Services Tax Intelligence (DGGI), Ahmedabad.
- Period: July 2017 - March 2024.
- Previous Fine: $2.2M for AML non-compliance in June 2024.
#CryptoNewss #india_crypto #TaxNotice #Write2Earn! #ETHETFsApproved
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