The income tax department of India has reportedly targeted around 700 crypto investors who have failed to pay taxes on high-value crypto transactions. According to an official with the nation’s…

On Friday, Finance Minister Nirmala Sitharaman said that the government has sovereign right to tax profit made from crypto transactions and the decision on prohibiting or not prohibiting will be…

A day after announcing taxing crypto transactions just the same as winnings from gambling, the government said it doesn’t treat trading in crypto assets as illegal. Finance Secretary T V…

Crypto exchanges in India have begun blocking and reporting trading accounts, which handle dubious trades after government agencies raised red flags over cryptos being utilized for money laundering. Self-regulation is…

Getting inclined towards the ongoing crypto trend, The Rug Republic, a homegrown décor brand, has started accepting major crypto as payment for its orders. Although the Delhi-based décor brand delivers…

According to a report, the Enforcement Directorate (ED) has sent many notices in the previous month related to cross border crypto transactions and trades of NRIs (Non-Resident Indians) who extended…

China has forbidden payment and financial firms from offering services related to crypto transactions. Further, the country has warned investors against speculative crypto trading. In a joint statement, three industry…

A court in the Northern District of California introduced an order that authorizes the IRS to serve a John Doe summons on Payward Ventures Inc. and its subsidiaries d/b/a Kraken…

National Payments Corporation of India which runs UPI in India has denied banning crypto transactions. The domestic payments authority has instead asked banks to take a stand considering their risk…

From today onwards, crypto firms in India must report all cryptocurrency transactions to the Indian government. Effective from today, the new disclosure rule states that any company dealing in cryptocurrency…