India

August 06, 2024

Indian Authorities Demand $86 Million in Unpaid Taxes from Binance Amidst Regulatory Crackdown

Indian law enforcement agencies have issued a substantial tax demand to Binance, seeking 722 crore Indian rupees ($86 million) under the Goods and Services Tax (GST). […]
July 31, 2024

Bharat Web3 Association Intensifies Cybersecurity Efforts Following $230 Million WazirX Hack

The recent $230 million hack of WazirX, one of India’s largest cryptocurrency exchanges, has set off a wave of action within the Bharat Web3 Association (BWA). […]
July 25, 2024

India’s NCB Monitors Darknet Cryptocurrency Payments to Combat Drug Trafficking

India’s Narcotics Control Bureau (NCB) has intensified its efforts to curb drug trafficking, focusing particularly on cryptocurrency transactions on the darknet. This strategic move is part […]
July 23, 2024

India’s 2024 Union Budget Maintains Crypto Tax Status Quo Amid Industry Advocacy

The latest Union Budget speech by Finance Minister Nirmala Sitharaman on July 23, 2024, has sparked reactions within India’s cryptocurrency sector. Despite calls for change from […]
July 03, 2024

Bitget Pursues Regulatory Compliance in India Amidst Crypto Exchange Challenges

Bitget, a major cryptocurrency exchange, is actively engaging with India’s regulatory authorities to secure the necessary licensing for operating within the country’s legal framework. The firm […]
May 02, 2024

Indian enforcement agency collaborates with Binance to bust scam app

The Enforcement Directorate (ED) of India, collaborating with crypto exchanges such as Binance, ZebPay, and WazirX, successfully seized 90 crores ($10.5 million) from the online scam […]
March 13, 2024

India plans faster stock settlements to slow down crypto migration

In a bid to enhance competitiveness against the growing inclination towards crypto exchanges, India’s Securities and Exchange Board (SEBI) announced plans to introduce a faster trade […]
March 07, 2024

Generative AI teacher lands job in Indian high school

A high school in Kerala, India, has made waves by appointing an artificial intelligence (AI) teacher, leveraging generative AI to deliver personalized education to students.   […]
February 20, 2024

Mumbai metaverse initiative showcases city’s infrastructure revolution

Mumbai, the bustling financial hub of India, has taken a bold step into the virtual realm with the launch of its Mumbai Metropolis Metaverse. This innovative […]

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