While it is normal for companies like Binance to comply when law enforcement agencies in countries where they operate make legitimate reque...

Completing 11 years since its 2015 launch, Ethereum has evolved from a $2.77 asset into the backbone of Web3 and DeFi. With institutional b...

India now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annuall...

U.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framewor...

The Income Tax Department is intensifying its scrutiny of cryptocurrency transactions. They are using AI and data analytics to detect tax e...

A federal financial intelligence unit in India suspects that cryptocurrency is being used for serious criminal activities such as terrorist...

The objective is to monitor and curb the use of cryptocurrencies in illegal activities like crime and money laundering. The goal is to augm...

A report from Statista shows that the Indian cryptocurrency market is likely to touch $222.70 million by 2023 making it crystal clear that ...

As businesses embrace the digital revolution, the potential benefits of incorporating cryptocurrencies are becoming increasingly evident.

During the October-March duration, the cryptocurrency exchange received 431 requests from law enforcement agencies, against a total transac...

The Reserve Bank of India (RBI) is readying pilots ahead of the launch of its own digital currency. The scope for tax evasion could diminis...

Sberbank, which received its licence in March, said in a statement that digital assets are issued on its platform using blockchain technolo...

The Bank of Russia has long voiced scepticism over cryptocurrencies, citing financial stability concerns, and has advocated for a complete ...

Several finance ministry officials, the RBI, tax departments and investigating agencies including the Financial Intelligence Unit (FIU) hav...

Government could also put in place a uniform KYC process for exchanges

China's biggest banks have promised to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said execut...

The RBI has been periodically issuing notifications cautioning various stakeholders regarding the risks of virtual currencies.