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

A parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...

Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...

India's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...

India is talking to cryptocurrency exchanges to assess evolving trading activity as it seeks oversight over newer ⁠crypto products, accordi...

As Budget 2026 approaches, investors in virtual digital assets are seeking relief on taxation, particularly the ability to claim losses, as...

Canada Revenue Agency (CRA) audits are increasing, focusing on key areas like HST builder audits, foreign exchange gains, offshore assets, ...

Over the past few weeks, the Indian Income Tax department has been investigating whether the 1% TDS on crypto transactions via Binance has ...

Nigeria’s Federal Inland Revenue Service (FIRS) has sued Binance for $81.5 billion, alleging tax evasion and significant economic losses. T...

The notice was issued for fees collected from Indian customers trading in virtual digital assets (VDAs) on the platform, categorized under ...

The 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...

All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rat...

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...

Binocs, which is planning to launch its platform in the US, UK, South Africa, and Australia, will use the funds towards the expansion of it...

At present, no legislation governs, regulates, or prohibits dealing in cryptocurrencies in India. Therefore, it is not illegal to sell, pur...

In the last week, the Directorate General of GST Intelligence (DGGI), an investigation arm of the indirect tax department, conducted search...