India Gears Up For Crypto Code After FSB Announced To Provide Roadmap in October G20 Pick
In a debate with Rishabh Gulati on NewsX Regarding the Cryptocurrency Regulation in India. In the monsoon session of Parliament, Indian finance minister Nirmala Sitharaman emphasized the importance of international cooperation on crypto-asset regulation. This follows a turbulent year for the crypto market, complete with margin calls and defaults. Due to the …
- admin
VARA Offers Provisional License: Hopes To Flourish In A Regulated Environment
Dubai time and again proves to be a digital asset-friendly nation. Therefore, Dubai Virtual Assets Regulatory Authority (VARA) has been the talk of the town ever since it came into existence for being one of the first countries to develop a comprehensive structure for the regulation of digital assets. For those …
- admin
Is Dubai Racing ahead of other crypto-friendly nations?
Many countries that were previously hailed as a modern, forward-thinking jurisdictions have now tightened their regulatory grip in the crypto markets by issuing new guidelines. The European Union recently passed legislation related to crypto tracing which has harbored a lot of criticism from the key players in the industry. Estonia, which …
- admin
The Story of a Crypto Millionaire Who Went from Rags to Riches
Adv. P.M. Mishra from Finjuris Counsel FZ-LLC shares a story about how his client went on to have a successful project with luck and the guidance of his team. My path has been crossed by people from all walks of life. They've progressed from having nothing to possessing quite a lot. …
- admin
FINJURIS COUNSELS BECOMES THE FIRST LEGAL CONSULTANCY FIRM IN UAE TO HAVE ITS PRESENCE IN METAVERSE
Dubai, UAE — Web 3.0 is rapidly gaining prominence among individuals and businesses in the United Arab Emirates. With the advent of web 3.0, Metaverse has a key role to play in creating a pro- futuristic image of the country. Many key players based in the region such as Damac and …
- admin
Are Indian Investors Safe If Government Bans Cryptos? Here’re Possible Risks And Scenarios
It will be a huge blow to crypto investors in India if the government enforces a sudden ban on crypto trading, although such an abrupt move is doubtful. The cryptocurrency market enjoyed a bull run last year, driven by the rapid emergence of smart contracts and NFTs and the hype surrounding …
- admin
Adopting Metaverse & How It’s Redefining The Concept In Legal Space – Adv. P. M. Mishra
Today, Adv. Mohan Mishra focuses on how Metaverse has become the next big thing and how it is adopted by businesses across the world to streamline their work and how it is changing the concept in legal space. Finlaw's decision to enter the code of the digital era metaverse will transform …
- admin
No Endorsements on Crypto Products by Celebrities says SEBI – Adv. P. M. Mishra Speaks to Mirror Now
Adv. P. M. Mishra speaks regarding the endorsement of crypto products by Celebrities, Sportspersons, etc. Live on Mirror According to reports, SEBI has advised that no prominent public figures such as celebrities, sportsmen, and others could promote crypto products and that the advertising disclosure should mention the potential violation of the …
- admin
Legal Hurdles in Metaverse An Analysis by Adv. P. M. Mishra, Finjuris Counsel FZ-LLC UAE
In order to serve developers, content producers, and consumers of digital platforms in the metaverse community, the strategy places a strong emphasis on developing talent and investing in future capabilities. The idea of the metaverse is not new and attempts to create one have been ongoing for years. For instance, the …
- admin
Crypto Criminals Are Posing Hurdles For The Crypto Industry’s Future
UAE — Many countries across the globe are striving to create an eco-system that would facilitate the growth of the crypto industry along with their country. However, crypto criminals always keep an eye on such nations that have recently started working to create regulations for this industry in order to find …
- admin
A Haven for Entrepreneurs: Dubai Embraces Crowdfunding
His Royal Highness Sheikh Mohammed Bin Rashid Al Maktoum, the ruler of Dubai and the Prime Minister of UAE presided over the last cabinet meeting at Expo 2020. The UAE has established a government mechanism for sponsoring creative company ideas through crowdfunding platforms which would allow government and private sector …
- admin
Cryptocurrency is Flying High in India! Would you be Joining Too? – Adv. P. M. Mishra – Finlaw.
Cryptocurrency is Flying High in India! Would you be Joining Too? - Adv P. M. Mishra - Finlaw. Watch Adv. P. M. Mishra speaks on the many opportunities in the crypto industry in India for exchanges and crypto startups Many countries that were previously hailed as a modern, forward-thinking jurisdiction have …
- admin
Regulatory Hurdles for Crypto Startups — Finjuris [Webinar] — Adv. P. M. Mishra
Finjuris Counsel FZ-LLC, UAE is pleased to invite you to our webinar on the topic “Regulatory Hurdles For Crypto Startups: Is There A Way Forward?” scheduled to be held on April 27th, 2022. The webinar will be held via Zoom to educate our participants about the regulatory challenges faced by crypto …
- admin
Crypto Startups under Regulatory Surveillance
The growth of cryptocurrency has been rising constantly over the past decade despite it not being regulated in most of the countries. An increase in the use of cryptocurrencies have also seen a steep rise in the amount of crypto-crimes globally. In 2021, the overall transaction volume of cryptocurrencies increased by …
- admin
Tax Terrors in Cryptocurrency
Major economies across the globe have resorted to considering cryptocurrencies as digital assets and are looking forward to tax the income received from the same. Although nations have been extremely hesitant to legalize cryptocurrencies in their jurisdictions, they have left no chance of letting go of the opportunity of earning …
- admin
DO’S AND DONT’S: Advertising Cryptocurrency in India
Advertisements are one of the most effective ways to promote products and services since they tend to make an impression on people's thoughts. Advertisements, on the other hand, can also be deceiving at times. Indian authorities have recently expressed their displeasure with "irresponsible" cryptocurrency advertising by social media influencers and …
- admin
क्रिप्टोकुरेंसी या ट्रिकटोकुरेंसी: इन क्रिप्टो घोटालों से खुद को बचाएं
क्रिप्टोक्यूरेंसी की लोकप्रियता ने न केवल निवेशकों को आकर्षित किया है, बल्कि धोखेबाजों को भी आकर्षित किया है, जो उन अवसरों का फायदा उठाने का कोई मौका नहीं छोड़ते हैं जो घोटाले करने वाले व्यक्तियों और उद्यमों के इर्द-गिर्द घूमते हैं। क्रिप्टोक्यूरेंसी बूम के कारण हाल के वर्षों में क्रिप्टोकरेंसी …
- admin
Is This a Big Setback for Indian Crypto Industry ? – Adv. P. M. Mishra
In a major setback for India's booming crypto industry, the Finance minister has announced that any income from the transfer of digital assets (crypto) will be charged 30% tax, along with TDS on payment made in relation to the transfer of virtual digital assets at the rate of 1% of …
- admin
Cryptocurrency OR Tricktocurrency: Save yourself from these Crypto Scams
Cryptocurrency’s popularity has not only attracted investors but has also attracted fraudsters who leave no chance to exploit the opportunities that revolve around scamming individuals and enterprises. Scams involving cryptocurrencies have exploded in recent years because of the cryptocurrency boom. “Therefore, it is very important for an investor to educate …
- admin
Ponzi Operators Targeting Investors on Crypto Trading bots and DeFi Platforms in India
Beware if you are an investor looking to purchase an automated crypto trading bot or the blockchain-based form of finance known as decentralized finance (DeFi). Chances are that you may land in the net of the Ponzi operators and run at the risk of losing money using the DeFi and …
- admin
Advocate P M Mishra, Additional Director, Finlaw Consultancy discusses about the probable tax liability on Crypto Currencies in India
New Delhi [India], December 11: (ANI/SRV Media): If you are an Indian, the hard truth is that you're dealing with one of the most comprehensive tax systems in the world by default. But now, if you use crypto at all, it's twice as complicated. If you have engaged in any …
- admin
‘DeFi’ & ‘Trust Wallet’ – Legal & regulatory concern in crypto space globally?
As such Crypto Industry is on firing range from almost all the regulators across the globe. When it comes to Defi, following are the legal & regulatory risk - Enforceability & Legal Provisioning – understanding the legal nature of Digital or Crypto Asset, legal enforceability of smart contracts and the parties …
- admin
Cryptocurrency needs insurance, education and crime traceability to survive, says Adv P M Mishra
As Cryptocurrency markets mature, they are attracting players from other industries. At the same time, Cryptocurrency is very volatile and we have heard of over a thousand scams only in Asia. If one digs it down, one may find these scams everywhere in the world. The big question is why …
- Adv. P M Mishra
Ponzi scheme operators are looting public by distorting ‘Direct Selling Guidelines 2016’, says Adv. P M Mishra
Ponzi scheme operators are ruining ‘Direct Selling Industry’ and ‘Network Marketing Industry’ in India that has huge potential in developing countries like India as per research carried out by various agencies in the past. Post COVID-19, Direct Selling Industry is ready to play a major role in Employment generation directly …
- Adv. P M Mishra
India will Lose Trillions Due to Crypto Ban- An Analysis by Adv P M Mishra
In conversation with Digpu, Adv P M Mishra talks about the stance of various countries over cryptocurrency regulations. When countries like USA, UK, China, Japan, South Korea, Germany, Australia and Russia along with small countries like Cambodia, Estonia can think about crypto regulation, it is really surprising to see the Indian …
- Adv. P M Mishra
How India will Lose Trillions Due to Crypto Ban – An Analysis by Me
When countries like China, Japan, South Korea, USA, UK, Germany, Australia, Russia, Malaysia, Philipines, Thailand, Italy, whole Europe, Singapore, Hongkong & small countries like Cambodia, Estonia can think about Crypto Regulation but it’s really surprising to see Indian Government thinking about Banning Crypto Currencies. I am really shocked & then started …
- Adv. P M Mishra