India

Russian Crypto Exchange Administrator Arrested in India for $96 Billion Fraud

Russian crypto exchange administrator Aleksej Besciokov arrested in India for alleged $96 billion money laundering operation.Besciokov's exchange Garantex allegedly facilitated transactions for Ransomware attacks,...

Co-Founder of Russian Crypto Exchange Garantex Arrested in India Under Extradition Laws

Russian crypto exchange Garantex co-founder Aleksej Besciokov arrested in India under extradition laws while on holiday.US recently charged Besciokov with facilitating money laundering and...

Garantex Crypto Exchange Operator Arrested in India While on Vacation

Operator of sanctioned Russian crypto exchange Garantex arrested in India while vacationing with family.Garantex was recently targeted by international law enforcement, with nearly $28...

India’s IFSCA Opens Consultation on Real World Asset Tokenization Framework

India's GIFT City IFSC launches consultation on Real World Asset tokenization, explicitly excluding cryptocurrency trading Regulators aim to build secondary markets for tokenized assets from...

India Signals Crypto Policy Shift Amid Global Market Evolution

India's government is reviewing its cryptocurrency stance amid shifting global perspectives and regulatory changes. Current Indian crypto regulations include a 30% capital gains tax and...

India Slaps 70% Tax Penalty on Unreported Crypto Trading Profits

India introduces strict tax measures on undisclosed cryptocurrency gains with penalties reaching 70% under Section 158B. The regulation places cryptocurrencies in the same category as...

India Expands Crypto Oversight: New Tax Rules and Reporting Requirements Coming in 2025

India introduces 1% TDS on crypto transactions below ₹50,000, with 30% tax on gains effective July 2022. New section 285BAA requires prescribed entities to report...

Jio Platforms Teams Up with Polygon Labs to Launch Web3 Services in India

Indian tech giant Jio Platforms partners with Polygon Labs to launch Web3 services for 450 million users. Reliance Industries subsidiary aims to integrate blockchain technology...

Latest news

U.S., Ukraine Uncover Russian Cyber Spy Campaign

The Security Service of Ukraine and FBI uncovered a long-running Russian cyber-espionage campaign targeting officials and activists worldwide.Attackers used...

Nvidia’s $1,000 IPO Investment Now Worth Multi-Millions

A $1,000 investment in NVIDIA at its 1999 IPO, adjusted for splits, would be worth over $8.3 million as...

Ripple processed $16T but used almost no crypto

Ripple CEO criticized Strategy's leveraged funding model for hurting the wider crypto market.Brad Garlinghouse pointed to Strategy's preferred stock,...