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...

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,...

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...

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 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'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 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 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...