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Single Chinese company was able to transfer more than $100 mn in cryptocurrencies into just two digital wallets, say Report

Myanmar-based company cheats people for over $100 mn in crypto payments in less than...

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Chainalysis: A company operating in Myanmar defrauded more than $100 million in less than two years and used USDT to transfer funds According to a...
Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

28 crypto/ VDA platforms register with FIU-India to comply with PMLA norms

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Offshore crypto exchanges must register with India’s FIU: Finance Ministry As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX, and...
Although the entire market significantly recovered from the 2022 crypto winter, investors’ interest in crypto startups remains low

6 crypto startups raise $2.1 billion this year, 80% down from 2022: Report

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Investors continue to pull back from crypto fundraising in 2023, fearing regulatory twists and uncertain economic conditions Crypto startups have raised $2.1 billion this year...
The mastermind heads the dubious firm “YES WORLD Crypto Token” and is also involved in several other suspected shell companies too

Odisha: EOW unearths multi crore crypto-ponzi scam, mastermind, aides held

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How Odisha Police exposed multi crore crypto-ponzi scam The Economic Offences Wing (EOW) of Odisha Police has unearthed another multi crore crypto-ponzi scam and arrested...
PM Modi calls for crypto regulation, cyberspace security and human-centric AI governance

Framework needed for responsible AI governance, global standards for cryptocurrency regulation: PM Modi

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PM Modi calls for crypto regulation, cyberspace security and human-centric AI governance Prime Minister Narendra Modi on Sunday while addressing the concluding session of the...
Under the global tax deal, about 140 countries, including India, have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum of 15 percent rate

G20 leaders decide on swift implementation of crypto reporting framework

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G20 leaders stress well-calibrated monetary, fiscal, and structural policies to promote growth The G20 leaders meeting in New Delhi on Saturday decided on swift implementation...
Hackers have withdrawn nearly $41 million from cryptocurrency gambling site ‘Stake’ likely via a stolen private key

Crypto gambling platform ‘Stake’ loses $41 mn in hacking

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"User funds are safe": Stake reassures users after reports suggest more than $41 million were stolen in a cryptocurrency hack Hackers have withdrawn nearly $41...
1,023 new cryptocurrencies listed on the market since February

Despite regulations, over 1,000 new crypto coins listed in market in 5 months

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The total number of cryptos increased 75 times between 2013 and 2021, from slightly more than 60 to more than 4,500 According to data presented...
The Board has made significant changes in the computer syllabus, students will now be taught about modern topics

UP Board students to study crypto, drone tech and new-age advancements in field of...

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UP Board modernizes computer learning in schools; introduces basics of IoT, cryptos, drone tech Students of government schools in Uttar Pradesh will now read about...
India under its G20 presidency has kept crypto assets regulation as an agenda item for this year

Crypto regulations will not be effective without global consensus, says FM Sitharaman

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Sitharaman emphasizes the need for global consensus on crypto regulation On Sunday, while addressing a series of events in Bengaluru Finance Minister Nirmala Sitharaman emphasized the...

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