India’s Ministry of Finance has reported uncovering a staggering ₹29,208 crore (approximately $3.33 billion) in hidden foreign assets for 2024-25, along with ₹1,089 crore (roughly $124 million) from undisclosed foreign...
India’s Income Tax Department has sent notices to 44,057 cryptocurrency traders who it believes failed to report their transactions for the 2025 financial year. In a massive outreach, authorities have...
A sprawling international crypto scam has been dismantled by Indian authorities and U.S. law enforcement, masterminded by Chirag Tomar, a New Delhi native accused of stealing over $20 million through...
A bold claim is making the rounds on social media: that investors in India now hold over one million Bitcoin, amounting to 5.1% of the total supply. While the figure...
Today, the US President Donald Trump announced via Truth Social that effective August 1, India will face a 25% tariff on its exports to the US. Additionally, India will incur...
WazirX has proposed an amended Scheme of Arrangement for its recovery plan and is now calling for a new vote from its creditors. The main revision shifts operational control to...
India’s leading cryptocurrency exchange, CoinDCX, is pushing forward with renewed focus and resolve after suffering a $44 million exploit last week. CoinDCX to Come Back Stronger In a public comment...
Ritesh Pandey (former Member of Parliament in India) is once again advocating for Indian crypto users, pushing to cut the 30% crypto tax, remove the 1% TDS (Tax Deducted at...
A new model law called the COINS Act has been proposed to bring clarity and structure to India’s digital asset regulatory environment. The draft law, announced this week by Web3...
The Singapore High Court has overturned an earlier decision and has now approved a fresh vote on a revised restructuring scheme for Zettai, a company entangled in the legal battle...
The Delhi High Court in India denied bail to Umesh Verma, a businessman accused of defrauding 61 people through a crypto investment scheme, with the judge issuing a stark warning...
India’s Financial Intelligence Unit (FIU) has launched an in-depth investigation into cryptocurrency fund movements linked to cross-border activities. The focus is on suspicious transactions involving Pakistan-based sources, particularly in the...
CoinDCX, a leading cryptocurrency exchange in India, has delisted over 50 margin trading pairs without giving its users prior notice. The sudden move sparked immediate outrage across the Indian crypto...
A high-profile spokesperson for India’s ruling party is now publicly calling for the government to consider establishing a sovereign Bitcoin reserve. Pradeep Bhandari, the ruling party, Bharatiya Janata Party’s national...
CoinDCX CEO Sumit Gupta has publicly praised India’s ruling Bharatiya Janata Party (BJP) and its spokesperson, Shri Pradeep Bhandari, for their growing interest towards cryptocurrencies. In his latest post on...
India’s Income Tax Department has escalated enforcement actions against cryptocurrency tax evaders. They issued notices to thousands of individuals who failed to report digital asset income in their tax filings...
India will likely publish a discussion paper in June 2025 to explore policy frameworks for crypto assets. This step comes as digital currencies gain more traction globally, partly thanks to...
On May 19, 2025, India’s Supreme Court questioned why the central government has yet to create clear rules for cryptocurrencies. Justices Surya Kant and N. Kotiswar Singh said banning digital...
Russian politician MP Anatoly Aksakov has predicted a surge in Bitcoin value because of growing geopolitical tension between India and Pakistan. According to Aksakov, Bitcoin and Gold act as safe-haven...
India’s tax authorities intensified their crackdown on cryptocurrency traders using offshore exchanges like Binance. According to The Economic Times, the focus is on individuals who failed to comply with the...
A new draft Income Tax Bill presented by India’s Finance Minister Nirmala Sitharaman proposes sweeping powers for tax authorities to access citizens’ digital lives—including emails, social media communications, and financial...
Findings from India’s Financial Intelligence Unit (FIU) indicate suspicions that cryptocurrencies are being used for illicit activities, including terrorism financing, cybercrime, narcotics trafficking, and illegal betting. Prepared during the 2023-2024...
A town in Chhattisgarh, India, has started using the Avalanche blockchain to manage its land records, or rather, has implemented Avalanche to create a tamper-proof, immutable ledger for recording land...
India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, if needed, access individuals’ social media accounts and...
Cryptocurrency exchange ByBit has made progress toward getting back to business in India after fixing compliance issues with the country’s financial authorities. On February 5, the exchange announced it had...