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Bybit reignites India’s crypto momentum with full service relaunch, regulatory approval, and sweeping initiatives aimed at driving adoption, innovation, and growth across the nation’s digital asset market. Bybit Relaunches Full Services in India After Regulatory Milestone Crypto exchange Bybit announced on Sept. 8 that Indian users can once again fully access its mobile application through … Read more
India’s biggest fuel buyer just sent a message with its wallet: Indian Oil Corporation deliberately skipped U.S. crude in its latest tender and shopped elsewhere. From Houston to Das: IOC’s Tender Tells a Bigger BRICS Story In a week when it could have tapped West Texas Intermediate, Reuters reported that Indian Oil Corporation (IOC) picked … Read more
India is set to enforce sweeping oversight of offshore crypto assets, adopting a global framework that enables automatic data sharing, tighter compliance, and greater regulatory transparency. India Adopts Global Framework to Expose Hidden Offshore Crypto Assets Global tax surveillance of digital assets is tightening, with India preparing to expand oversight of offshore cryptocurrency holdings. A … Read more
India’s financial watchdogs have reportedly uncovered a troubling trend in the cryptocurrency sector, where client deposits on exchanges are being redeployed without investor knowledge. According to the income tax department’s investigation, platforms routinely use customer tokens for lending, staking, or liquidity enhancement, retaining profits while granting users only the right to sell their holdings. Officials … Read more
An Indian court has convicted 14 individuals, including a former lawmaker and a former police superintendent, for extorting $3.6 million in bitcoins from a businessman. Details of the Criminal Conspiracy An Indian court has convicted 14 individuals, including a former lawmaker and a law enforcement officer, for the extortion of $3.6 million (₹32 crore) in … Read more
India is intensifying tax enforcement on past crypto transactions, issuing official notices that demand detailed disclosures and warn of penalties for previously undeclared digital assets. India Ramps up Tax Enforcement on Past Crypto Deals and Undeclared Assets India’s tightening tax scrutiny has placed crypto investors under the spotlight as regulators expand enforcement on undisclosed digital … Read more
India has dismantled its most advanced darknet drug empire in a groundbreaking cyber crackdown, exposing blockchain’s hidden battleground and showcasing unstoppable enforcement power through global crypto-exchange collaboration. India’s Cyber Dragnet Collides With Blockchain—Dark Empire Shattered Binance shared on Aug. 21 that it assisted India’s Narcotics Control Bureau (NCB) and the Data Security Council of India … Read more
India’s top tax authority is actively engaging crypto platforms on tax rules, signaling momentum toward a potential dedicated framework that could redefine taxation, oversight, and market competitiveness. India Evaluates Crypto Market Taxation Amid Industry Demands for Policy Reform The Central Board of Direct Taxes (CBDT), India’s top direct tax authority, reportedly reached out to domestic … Read more
Indian crypto exchange Wazirx is moving closer to a full relaunch after securing strong creditor backing and awaiting final court approval to implement its restructuring plan. Wazirx Eyes Platform Restart as Court Sanction Becomes Final Missing Piece Indian crypto exchange Wazirx announced on Aug. 18 that 95.7% of voting creditors approved its amended restructuring plan, … Read more
India has launched a massive cryptocurrency tax enforcement drive, targeting tens of thousands of investors and uncovering hundreds of crores in hidden income through advanced data-driven surveillance. India Alerts 44,057 Crypto Investors in Sweeping Tax Evasion Crackdown Union Minister of State for Finance Pankaj Chaudhary told Rajya Sabha, the upper house of India’s parliament, in … Read more
