Crypto Archives

Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

Laws

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

Team PGurus - December 4, 2023 0

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...

Taking a strong stand against drug abuse, HM Amit Shah said, 'the drug menace is a serious problem that is destroying generations'

Politics

India has zero tolerance for drug menace. Home Minister says the...

Team PGurus - December 21, 2022 0

'Profits from drugs are being utilized for terrorism': Amit Shah Union Home Minister Amit Shah on Wednesday said the battle against drugs was delicately poised...

The exchange is reducing its workforce by roughly 18%. CEO Armstrong admits the company grew too quickly.

Investing

Coinbase lays off around 1,100 employees amid turmoil in crypto market

PGurus Newsdesk - June 15, 2022 0

In appraisal season, 1000s of employees become jobless as Coinbase cut costs after crash Leading crypto exchange Coinbase has announced that it is laying off...

Celsius Network had last year raised $750 million in funding and is a significant player in crypto lending

Investing

Crypto firm Celsius freezes all transfers, withdrawals between accounts

PGurus Newsdesk - June 13, 2022 0

Crypto currencies tumble as lending platform Celsius blocks withdrawals Crypto currency lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme...

Bitcoin was more than 55 percent down since its all-time high of $69,000 in November last year

Investing

Crypto crash: Bitcoin extends losses, drops below $30,000-mark

PGurus Newsdesk - May 10, 2022 0

Millions of investors in panic mode as cryptos see massive decline On Tuesday, the global cryptocurrency market witnessed its worst phase ever, with Bitcoin dropping...

Warnings like the Cigarette-Smoking-is-injurious… to be mandated for crypto ads by the Indian government

Investing

New norms for Cryptocurrency Advertisers in India. Must carry ‘unregulated’, ‘can...

Team PGurus - February 23, 2022 1

A timely reminder to the investors of the risks involved in trading cryptos In a bid to warn the investors of the illegal cryptocurrency, the...

Banking regulators in US have announced a plan to clarify rules, regulations around how banks can use crypto currencies over next year

US Politics

US mulls crypto regulation

PGurus Newsdesk - November 25, 2021 0

US banking regulators soon to clarify banks crypto currencies role in 2022 The US has announced through the banking regulators that they will soon clarify...

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25

Investing

Global crypto market at an all time high; hits $3 trillion...

PGurus Newsdesk - November 9, 2021 0

Crypto market cap for 1st time touches new all-time high The Crypto market made history by touching a new all-time high. The jump in cryptocurrencies...