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

IMF: Dollar stablecoins may amplify currency runs in fixed-rate economies

An IMF working paper by economist Brandon Joel Tan models how dollar stablecoins improve foreign currency access in fixed...

Japan Plans to Legalize Cryptocurrency ETFs, Minister Says

Japanese Finance Minister Satsuki Katayama announced plans to legalize cryptocurrency ETFs.ETFs let investors gain crypto exposure without owning the...

Robinhood enables AI agents for crypto trades in US

Robinhood will allow eligible US crypto traders to connect third-party AI agents for autonomous trading.The feature aims to level...