Jun 11,2021 | 1 min read

#QuoteUnquote on RBI's stance on cryptocurrency with Adv. Shaubhik Gupta

After years of outright dislike for cryptocurrencies, India’s central bank appears to have had a change of heart. The Reserve Bank of India has informed all banks and regulated entities that its April 2018 circular should not be referred to caution their customers against trading in cryptocurrencies. The move has been welcomed by cryptocurrency exchanges and traders. Here we have Adv. Shaubhik Gupta with us and he will tell us why RBI's statement is important for the future of cryptocurrency trade in India.


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ABOUT THE AUTHOR


SHAUBHIK GUPTA

I undertake transactional due-diligence and advisory,regulatory advisory and compliance in diverse sectors including infrastructure, e-commerce,banking, financial markets,fin-tech,cryptocurrency,telecom,electricity,mining,telecom, media,electronics,drugs & cosmetics,medical devices,foreign trade,information and communication technology;litigation and dispute resolution.I majorly practice in tax laws covering GST, VAT/Sales Tax, Central Excise,Service Tax,Customs,FTP,Direct Tax,Commercial Laws.

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