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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
The Trump Administration issued an executive order raising tariffs to 50% on India as a retaliatory move against the nation’s continued purchases of Russian oil. Brazil’s President Luiz Inácio Lula da Silva, who also faces similar tariffs, vowed to coordinate a joint response from the BRICS bloc. Trump Issues 50% Tariff Retaliation Against India, Lula … Read more
India ramps up its crypto fraud crackdown with a $5 million asset attachment order tied to a fake Coinbase site that duped victims out of over $20 million. India Moves in on Assets After Coinbase Scam Leader Held in US India’s Directorate of Enforcement (ED) announced on Aug. 5 that it has issued a provisional … Read more
Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face … Read more
Binance and WazirX face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding. Go to Source
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 … Read more
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 … Read more
Paypal has launched a new platform aimed at connecting various payment systems with its digital wallets, allowing users to shop internationally without conversion fees or delays. Expanding Global Reach Fintech giant Paypal has collaborated with global payment leaders to introduce Paypal World, a new platform designed to connect popular payment systems with its digital wallets. … Read more
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 … Read more