Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud and cyber crime.

Further, under Foreign Exchange Management Act, 1999 (FEMA) assets amounting to Rs 289.28 crore have been seized. The minister said one sho...

Proceeds amounting to Rs 953.70 crore from criminal activities involving cryptocurrencies have been seized, frozen or attached under the pr...

Besides, five persons have been arrested and six prosecution complaints (PCs) including one supplementary PC have been filed before the Spe...

Minister of State for Finance Pankaj Chaudhary said Central GST officers have detected Goods and Services Tax (GST) evasion worth ₹87.60 cr...

In a written reply to a question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the Directorate of Enforcement is in...

However, the top management or founders of the company refused to comment when approached by ETmarkets.com. They refused to respond to ETMa...

The Enforcement Directorate (ED) on Thursday searched the premises of leading crypto exchange CoinSwitch Kuber for alleged Foreign Exchange...

The ED is expected to question officials of the crypto exchanges under investigation again next week, said an industry executive.

Warns users who are withdrawing funds to international exchanges of compliance issues.

In a Slack communication sent by WazirX’s human resources department on Monday, the company told employees that it disagrees with the ED’s ...

Users were led to believe funds deposited in WazirX were managed by Binance but this is not the case, says a spokesperson, adding Binance i...

The global cryptocurrency market cap was trading higher at the $1.10 trillion mark, rising higher by 2 per cent in the last 24 hours. Howev...

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with the world’s largest exc...

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with Binance, the world’s la...

The agency’s statement comes days after the minister for state (Finance) Pankaj Chaudhary told the Parliament that WazirX was being probed ...

Chaudhary said while the government does not collect any data on cryptocurrency exchanges, a few “cases of evasion of Goods and Services Ta...