{"id":1019741,"date":"2026-07-09T09:46:05","date_gmt":"2026-07-09T04:16:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1019741"},"modified":"2026-07-09T09:52:44","modified_gmt":"2026-07-09T04:22:44","slug":"reserve-bank-of-india-backs-crypto-ban-tax-department-warns-of-evasion-risks-documents-show","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/09\/reserve-bank-of-india-backs-crypto-ban-tax-department-warns-of-evasion-risks-documents-show\/","title":{"rendered":"Reserve Bank of India backs crypto ban, tax department warns of evasion risks, documents show"},"content":{"rendered":"<p>Reserve Bank of India (RBI) has reasserted a call for a cryptocurrency policy &#8220;leaning towards prohibition,&#8221; while the country&#8217;s tax department warned that trading via offshore exchanges is hard to track, government documents reviewed by Reuters showed. <\/p>\n<p>The documents reveal a preference among key Indian agencies to use tighter curbs on virtual digital assets, even though the government has yet to adopt a policy to ban or regulate them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of India (RBI) has reasserted a call for a cryptocurrency policy &#8220;leaning towards prohibition,&#8221; while the country&#8217;s tax department warned that trading via offshore exchanges is hard to track, government documents reviewed by Reuters showed. The documents reveal a preference among key Indian agencies to use tighter curbs on virtual digital assets, even though the government has yet to adopt a policy to ban or regulate them.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-1019741","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1019741"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019741\/revisions"}],"predecessor-version":[{"id":1019748,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019741\/revisions\/1019748"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1019741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1019741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1019741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}