India
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Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India
Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...
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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...
Latest news
ImmunityBio founder touts sepsis trials, NantX after Binance theft
Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...
Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange
crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...
Kim Yo Jong denies North Korea behind Binance hack, hints US
Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...
