Cryptocurrency exchanges write to RBI to seek clarity on status, GST

Money Control

Cryptocurrency exchanges have asked the Reserve Bank of India (RBI) for clarity on their legal status and taxability. The platforms wrote to the central bank after lenders had refused services to them amid unclear instructions, according to a  report  by The Economic Times. The Supreme Court, in March, quashed the RBI's order that prohibited entities under its purview from dealing in cry…

Sign in to read the full article

Create a free account or sign in to access the complete content.