India

India’s Crypto Crossroads: COINS Act 2025 Offers a ‘Rights-First’ Roadmap

India’s Crypto Crossroads: COINS Act 2025 Offers a ‘Rights-First’ Roadmap

The Indian cryptocurrency policy is currently in “regulatory limbo” and to remedy this, the country needs to implement a “rights-first” framework that gives residents “constitutional-level” rights to self-custody assets. India’s Crypto Regulatory Impasse India’s crypto policy remains in “regulatory limbo,” with policymakers largely relying on existing statutes since the Supreme Court lifted a central bank-imposed […]

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Indian Government Reveals Crypto Tax Measures to Strengthen Compliance Oversight

Indian Government Reveals Crypto Tax Measures to Strengthen Compliance Oversight

India is unleashing cutting-edge data analytics and forensic tech to crack down on crypto tax evasion, driving aggressive enforcement and surging digital asset revenue collection. Government Uses Data Analytics to Track Tax Evasion on Digital Assets The government of India provided an update early this week in the Lok Sabha, the lower house of India’s

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Indian Crypto Exchange CoinDCX Suffers Major Hack, Loses  Million in Security Breach

Indian Crypto Exchange CoinDCX Suffers Major Hack, Loses $44 Million in Security Breach

Indian crypto exchange CoinDCX has confirmed a major security breach that resulted in the loss of $44 million. Key Takeaways: CoinDCX suffered a $44 million hack caused by a server breach. The attack was first flagged by blockchain analyst ZachXBT. The breach follows the 2024 WazirX incident linked to North Korea’s Lazarus Group. The exploit

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Delhi Court Warns Crypto Could Collapse Recognized Money Into Dark Networks

Delhi Court Warns Crypto Could Collapse Recognized Money Into Dark Networks

India’s legal alarm over crypto hit new highs as the Delhi High Court warned it threatens monetary stability by dissolving recognized currency into opaque, untraceable financial systems. Delhi High Court Flags Crypto as Systemic Threat Amid Growing Legal Scrutiny Concerns over digital asset misuse intensified in India after a judicial warning flagged crypto’s ability to

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India Probes Binance Over Crypto Transfers From Pakistan

India Probes Binance Over Crypto Transfers From Pakistan

India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s Financial Intelligence Unit (FIU-IND) is intensifying its investigation into Binance and several cryptocurrency exchanges over allegations of digital assets being funneled through private wallets

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BTC’s 8K Rally Wipes out B in Shorts, Canadian Woman Sues Over Sim-Swap Scam, and More — Week in Review

BTC’s $118K Rally Wipes out $1B in Shorts, Canadian Woman Sues Over Sim-Swap Scam, and More — Week in Review

Bitcoin rally to $118K wipes out over $1 Billion in short bets, Canadian woman sues after $1.3M in bitcoin vanishes in SIM-swap scam, Indian crypto users slammed with 18% GST as Bybit complies with tax regulation, and more in this Week in Review. Week in Review Bitcoin surged to $118,000, triggering over $1 billion in

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Brazil’s Ambassador to India Addresses BRICS Currency Speculation

Brazil’s Ambassador to India Addresses BRICS Currency Speculation

BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to

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Indian Crypto Users Slammed With 18% GST as Bybit Complies With Tax Regulation

Indian Crypto Users Slammed With 18% GST as Bybit Complies With Tax Regulation

Bybit is hitting Indian crypto traders with an 18% GST and widespread service shutdowns as strict new regulations reshape the nation’s rapidly evolving digital asset landscape. Bybit Hits India With 18% GST as Multiple Crypto Services Begin Final Shutdown Cryptocurrency exchange Bybit is introducing higher transaction costs for Indian users, as it prepares to implement

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Bybit to Impose Additional 18% GST on Trading Fees for Indian Users from July 7

Bybit to Impose Additional 18% GST on Trading Fees for Indian Users from July 7

Key Notes This GST on crypto trading will be in addition to the already steep 30% tax on profits and 1% TDS per transaction. With India now among the countries with the highest crypto tax burdens, stakeholders warn this could stifle innovation. On the other hand, the Indian crypto industry is lobbying for tax reforms

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India Urged to Consider Bitcoin Reserve Amid Global Digital Asset Shift

India Urged to Consider Bitcoin Reserve Amid Global Digital Asset Shift

Bitcoin is rapidly emerging as a serious strategic reserve asset, and India now faces a critical economic moment that could redefine its global financial leadership trajectory. Bitcoin Reserve Strategy Gains Attention as India Faces Economic Crossroads Growing adoption of bitcoin as a strategic reserve asset is prompting countries to reconsider BTC’s role in national economic

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