Crypto Kanoon Profile picture
Jun 20 13 tweets 4 min read
We are Back!!

You must be wondering, why after such a long time?

🔸What happened?
🔸What Next?

#KuchToBadaHoneWalaHai

Thread🧵

1/
6th April 2018 we were born!

On this day, RBI imposed banking ban on crypto.

We came into existence the same day to spread the right information on crypto regulations.

Initially it was a MISSION without a commercial interest!

A ray of hope in those dark days!

2/
We were the first one who:

➡️Called out RBI ban as unconstitutional.

➡️Ran successful “Add Nominee" campaign for users of Crypto exchanges.

➡️Rolled out first Crypto education series (50 Videos)

➡️Brought first video series on #CryptoTaxation.

3/
➡️Reported live the #CryptoVsRBI case directly from the Supreme Court.

➡️Helped numerous Crypto fraud victims.

➡️Filed representations and RTI Applications to Government authorities in public interest.

4/
Why did we suddenly stop after June 2021?

After March 2020 when the Crypto side won the case, it was unlikely that the case will go back to the courtroom.

Government neither challenged the Court decision nor showed any intention to regulate Crypto.

5/
As a regulatory media platform, there was very little to cover post that.

We were figuring out what to do now?

6/
We had amazing community of 100K which trusted us. And we had built this trust through our legit work.

Many got many lucrative offers to shill stuff as ‘they’ knew the community trusted us, but we never compromised with our ethos.

7/
Our founders were investing 70% of their time to this MISSION (that had negligible revenue attached to it!).

Few ideas were deliberated upon but that required huge funds and investors showed little interest because we had no plans of tokenizing it.

We kept patience!

8/
We got couple of offers to sell our name as well!

These offers were lucrative, but we were able to sense the bad intention to fill ‘their’ pockets by misleading our trusted community!

So we said, NO!

And we kept patience!

9/
When nothing was working out, our founders @simplykashif and @DaniAdvocate decided to follow their own paths but they did not allow anyone to misuse Crypto Kanoon at any cost.

It was better to keep the platform dormant and wait for the right time!

We kept patience!

10/
Finally, the time has arrived!

In the next 2 weeks, you’ll see the announcement about the next phase of Crypto Kanoon!

We started with a MISSION TO SERVE CRYPTO FOLKS and next phase is nothing less than that.

The next phase will help millions of people in this space!

11/
The next phase will provide the most awaited solution that is being desired by more than 70% of people in the Indian crypto community.

It will make your journey easy, free from fear, hassle, and confusion!

Thank you for being patient. It is just getting started!

12/
We promise you that:

#KuchToBadaHoneWalaHai

Thank you for your love and trust!

Please do RT and Like for making more people aware about the upcoming/ next phase of Crypto Kanoon!!

End.

13/

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More from @cryptokanoon

Jun 21
1% TDS On Crypto To Kick In From July 1 In India🇮🇳.

🧵
The government will implement the 1% tax deducted at source (TDS) on the transfer or consideration of every trade from July 1, 2022.
It is quite unclear how TDS will be calculated and how exchanges will share data with the government.
Read 6 tweets
Apr 22, 2020
Facebook-#RelianceJio deal impact on the crypto space in India:

1) It is not a Joint venture. They will also continue to compete in other areas.

#RelianceJio
2) There is no plan of offering super-app on the lines of Chinese giant WeChat which is a messaging and ecommerce platform rolled into one.

#RelianceJio
3) Facebook gets a seat on all the Jio Platforms.

#RelianceJio
Read 11 tweets
Aug 21, 2019
#Crypto v.#RBI

Hearing of Crypto case has resumed.

Mr. Shyam Divan, Ld. Sr. Advocate started his arguments for RBI.

Most likely the arguments will conclude today.

This coverage is #powered by @coindcx
The counsel for RBI is reading the IMC report.

And reading out the disadvantages of Crypto.

The judge interrupts and asks how you are concerned with the consumer protection, it is not your concern. It is Govt. concern and not yours.
The counsel is briefing about the suitability of ban with the example of China.
Read 70 tweets
Aug 20, 2019
#Crypto v.#RBI

Matter is listed in Court no. 5 as item 1 today. Court has resumed.

Crypto case hearing has started.

Mr. Ashim Sood started his arguments.
Mr. Sood is arguing that the action of RBI is against the doctrine of proportionality beside being based on no study whatsoever.
Mr. Sood now explaining the law formulated by Wyoming (USA) to regulate Crypto assets and custodial services (Exchanges).
Read 75 tweets
Aug 14, 2019
#Crypto v.#RBI

Case is listed in Court no
4 as item no. 1 today.

Court about to be resumed in few minutes.

After the Court starts, few minutes will go in dealing with "urgent mentioning" matters.

Stay tuned..
The Court resumed. Urgent Mentioning matters are being dealt with.
Crypto case hearing has started.
Read 51 tweets

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