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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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
Meta’s AI Swamps Child Exploitation Tip Line
Law enforcement officials accuse Meta's AI systems of flooding investigators with thousands of unusable, low-quality reports on potential child...
Block Cuts 4,000 Staff Citing AI-Driven “New Way of Working” .
Block, the payments company co-founded by Jack Dorsey, will lay off over 4,000 employees, cutting roughly 10% of its...
Vitalik Buterin Outlines Ethereum Quantum Defense Plan
Vitalik Buterin proposed a quantum roadmap to shield Ethereum from future encryption-cracking computers.The plan includes cryptographic updates, with at...
