[Jul 23, 2024 6:30 PM] Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so…
[Jul 23, 2024 3:20 PM] Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with…
[Jul 23, 2024 9:16 AM] Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for…
[Jul 23, 2024 7:17 AM] Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits…
[Jul 23, 2024 1:08 AM] The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
[Jul 22, 2024 9:30 PM] India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all…
[Jul 22, 2024 8:16 AM] Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and…
[Jul 22, 2024 3:41 AM] India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted.
[Jul 21, 2024 8:40 AM] Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig wallet. Emphasizing community involvement, co-founder Nischal Shetty outlined the rewards for tracking, freezing, and…
[Jul 20, 2024 10:30 AM] Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating…
[Jul 19, 2024 7:03 AM] Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In).
[Jul 18, 2024 12:32 PM] Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts…
[Jul 18, 2024 7:20 AM] Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with…
[Jul 10, 2024 11:00 AM] Shiba Inu-inspired meme currency Floki Inu (FLOKI) is tailing back into crypto prominence. Rising price, creative ideas, and a charitable inclination are driving FLOKI’s comeback in popularity following a fairly quiet time. But you should be…
[Jul 7, 2024 6:33 PM] Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of…
[Jul 3, 2024 8:10 AM] Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to…
[Jul 3, 2024 3:08 AM] Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.
[Jun 25, 2024 8:35 PM] India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI)…
[Jun 20, 2024 4:15 PM] India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the…
[Jun 20, 2024 12:56 AM] India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance director and available company records.
[Jun 19, 2024 11:11 PM] Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules, India's anti-money laundering…
[Jun 10, 2024 5:16 PM] Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as…
[Jun 8, 2024 7:37 PM] India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthorized remote access. The…
[Jun 4, 2024 9:40 AM] India's voters have sprung an election surprise, even though Prime Minister Narendra Modi's party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road" in terms of its…
[Jun 3, 2024 7:36 PM] According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be…
[May 27, 2024 10:32 AM] Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token…
[May 20, 2024 3:15 PM] Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions…
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