Binance wallets decrypted—taxman moves in on evadersIndia's tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. M...
11 Oct, 2025, 09.32 AM IST
Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profitsIndian tax authorities are targeting over 400 individuals for evading taxes on crypto trades conducted on Binance. These individuals allege...
11 Oct, 2025, 05.30 AM IST
FIU imposes Rs 18.82 crore penalty on crypto exchange BinanceIn May, Binance had registered with the FIU as the exchange sought to resume operations in the country after the watchdog issued show-cause...
20 Jun, 2024, 12.12 PM IST
Binance stops cash payment for P2P tradesBinance, the world's largest cryptocurrency exchange, has halted 'cash deals' for P2P trades in India, affecting traders who used the rupee...
03 Jun, 2024, 07.21 AM IST
Financial Intelligence Unit clears Binance and Kucoin to be Virtual Asset Service ProvidersET was the first to report in the April 18 edition that Binance, the world’s largest cryptocurrency exchange that was banned by the governm...
16 May, 2024, 10.09 PM IST
Binance, Kucoin get FIU nod to register and trade in IndiaThe Indian government's Financial Intelligence Unit (FIU) has approved the registration applications of offshore cryptocurrency exchanges B...
10 May, 2024, 11.31 PM IST
Binance to restart operations in India as compliant FIU-registered entityBinance returns to India, paying $2 million penalty, seeking compliance with PMLA. Its re-entry may reshape the market dynamics with superi...
18 Apr, 2024, 07.31 AM IST
Centre wants Binance to comply with PMLA rules to resume operationsThe government has rejected Binance’s plea to be allowed to resume operations in India in the interim since it is not yet ready to comply w...
05 Feb, 2024, 06.00 AM IST
India blocks global crypto sites Binance, Kucoin, OKX, others over laundering fearsIndia blocked access to foreign cryptocurrency exchanges like Binance, Kucoin, and OKX, as well as virtual digital asset service providers....
15 Jan, 2024, 08.53 AM IST
India bans foreign crypto platforms like Binance, Kucoin. What should investors do now?Access to websites of top global cryptocurrency exchanges and virtual digital asset service providers such as Binance, Kucoin, OKX, and oth...
14 Jan, 2024, 11.47 AM IST
Binance loses India traders to local firms it recently dominatedSince Indian authorities in late December began restricting access to Binance and other foreign crypto exchanges operating there without lo...
13 Jan, 2024, 10.40 AM IST
Cryptocurrency: Too wild to be buried?In the crypto world, which has become less opaque in recent years, where regulators, lawmakers, and bureaucrats, caught between 20th centur...
22 Nov, 2023, 11.58 PM IST
Indian crypto traders deal on Binance, settle at home in INRHere's a case where an overseas exchange is offering an ‘escrow service’ that virtually matches a local buyer and seller in an offshore mar...
10 Jul, 2023, 06.00 AM IST
Indian crypto traders deal on Binance, settle at home in INRHere's a case where an overseas exchange is offering an 'escrow service' that virtually matches a local buyer and seller in an offshore mar...
10 Jul, 2023, 05.44 AM IST
WazirX episode reveals darker side of crypto: Govt sourcesAt the G20 Ministerial Symposium on Tax and Development in Bali, she had suggested that G20 should examine the feasibility of bringing non-...
13 Aug, 2022, 11.53 AM IST
Binance-WazirX fracas adds to misery of crypto industryAs CEOs of India’s top crypto exchange and the world’s largest crypto exchanged words over Twitter, the crypto community is shocked that bo...
11 Aug, 2022, 06.00 AM IST
Binance, WazirX ownership row has crypto users in knotsMeanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with the world’s largest exc...
08 Aug, 2022, 09.54 AM IST