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India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court has upheld an arbitral tribunal’s order holding Zanmai Labs Private Limited—operator of the Wazirx … Read more
Kazakhstan is unleashing a full-scale crackdown on illegal crypto activity, seizing millions in digital assets and targeting shadow networks fueling financial crime. Kazakhstan Clamps Down on Unlicensed Crypto Exchanges and Financial Crime Governments are tightening oversight of cryptocurrency markets, with Kazakhstan ramping up enforcement against unlicensed trading platforms linked to financial crimes. Deputy Chairman of … Read more
The Securities and Commodities Authority (SCA) has issued its first full Virtual Asset Platform Operator License to cryptocurrency exchange Bybit, marking a regulatory milestone in the United Arab Emirates’ expanding digital asset framework. UAE Issues First Comprehensive Crypto License to Bybit According to the release shared with Bitcoin.com News, the authorization follows Bybit’s in-principle approval … Read more
Coinbase is charging ahead to reshape finance by seeking a national trust charter, signaling bold expansion plans beyond custody into mainstream crypto innovation. Coinbase Files OCC Application to Broaden Custody, Payments, and Compliance Cryptocurrency exchange Coinbase Inc. (Nasdaq: COIN) announced on Oct. 3 that it has filed an application with the Office of the Comptroller … Read more
Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term sustainability concerns despite reporting financial stability and growth under new ownership … Read more
India is accelerating crypto sector oversight with compliance notices to 25 offshore platforms, reinforcing investor protections while expanding formal registration and anti-money laundering safeguards nationwide. India Issues Compliance Notices to 25 Offshore Crypto Platforms India is intensifying its oversight of the digital asset sector as the Financial Intelligence Unit India (FIU IND) clamps down on … Read more
A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million … Read more
Naver has acquired Upbit operator Dunamu through a stock swap, combining South Korea’s largest online platform with its leading crypto exchange to launch a won-pegged stablecoin and pursue global fintech growth. South Korea’s Naver and Dunamu Unite for Global Fintech Push South Korea’s Naver Financial, the fintech arm of internet giant Naver, has acquired Dunamu, … Read more
NBA star Kevin Durant’s long-lost bitcoin stash is finally recovered, amplifying Coinbase’s customer service rebound and spotlighting bitcoin’s explosive growth since the early days of adoption. NBA Star Kevin Durant Breaks Silence on Lost Bitcoin National Basketball Association (NBA) star Kevin Durant had his Coinbase account restored after being locked out for years, according to … Read more
India is reportedly imposing bank-grade compliance on crypto platforms, mandating cybersecurity audits and stricter oversight that signal a dramatic regulatory upgrade across the booming digital asset space. Crypto Exchanges in India Now Face Bank-Level Compliance Obligations India has reportedly mandated cybersecurity audits for all cryptocurrency exchanges, custodians, and intermediaries, with the Financial Intelligence Unit (FIU) … Read more
