Bengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...

The Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...

Amidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...

A parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

India faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

Both sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy ...

The tax department favours taxing cryptocurrency exchange and trades in the country. But, it doesn't mean that they would be categorised as...

Underlining that both the government and the RBI are "committed to financial stability", RBI Governor Shaktikanta Das had said there are no...

In the last month or so, some of the banks have stopped providing services to the exchanges, which has led to a major disruption. The excha...

Some people are optimistic that new Bill will seek to regulate, and not take too adversarial a stance towards digital currencies.

RBI is worried that the order could pave way for trade in virtual currencies, putting the banking system at risk.

The RBI order had virtually stopped all trade and exchange of bitcoins even though there is no official ban on it, said Nakul Dewan, counse...

The government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate use of these cryptoassets...

Cryptocurrencies like bitcoin use cryptography to secure transactions.