The Indian Income Tax Department is scrutinizing over 400 high-net-worth individuals who trade cryptocurrency on Binance for alleged tax evasion related to their profits in the fiscal year […]
India Investigates Over 400 Binance Traders for Crypto Tax Evasion
Indian tax authorities are scrutinizing over 400 Binance traders for suspected crypto tax evasion. These investigations involve analysis of trading data from 2022-2025, aiming to uncover undeclared cryptocurrency […]
India Targets Binance Traders for Crypto Tax Evasion
Indian tax authorities are launching a crackdown on over 400 high-net-worth individuals on the Binance exchange, accused of evading taxes on crypto transactions between 2022-23 and 2024-25. The […]
Bombay High Court Orders WazirX to Secure Funds for CoinSwitch in Landmark Decision
In a significant ruling, the Bombay High Court ordered Zanmai Labs, the operator of WazirX, to provide a $5.4 million bank guarantee for CoinSwitch following a major hack […]
Indian Man Loses 56 Lakh in Telegram-Based Crypto Scam
A 51-year-old man from Gandhidham, Gujarat, has fallen victim to a complex cryptocurrency trading scam, losing ₹56.47 lakh after being lured into a fraudulent scheme on the messaging […]
India Leads Call for Global Ethical AI Rules at Fintech Fest
At the Global Fintech Fest 2025 in Mumbai, Prime Minister Narendra Modi emphasized India’s commitment to establishing a global framework for ethical artificial intelligence (AI). He underscored that […]
India’s Fintech Summit Sidesteps Stablecoin Discussions, Focuses on Central Bank Digital Currencies
India’s 2025 Global Fintech Festival, held in Mumbai and attended by Indian and UK Prime Ministers, steered clear of stablecoin discussions. Instead, it emphasized central bank digital currencies […]
India Skips Crypto at Global Fintech Fest, Focuses on Digital Rupee
The biggest fintech event in India this week steered clear of cryptocurrencies and stablecoins, instead focusing on the country’s own digital currency, the e-rupee. Over 100,000 participants from […]
SPiCE Reunion 2025: India’s Gaming Revival Takes Center Stage
With only seven weeks to go until the event, SPiCE TheReunion 2025 is set for November 25th-26th in Goa, India. This year’s theme “The Comeback Story: Rebirth and […]
India Cautions on Stablecoins Amidst Crypto Regulation Debate
India’s government is taking a cautious approach towards stablecoin regulation, acknowledging the potential risks associated with these digital currencies. The debate comes amidst ongoing discussions about cryptocurrencies and […]
India’s Finance Minister Calls for Stablecoin Integration Preparedness
Indian Finance Minister Nirmala Sitharaman has underscored the urgency of preparing for the integration of stablecoins, sparking renewed discussions about digital currencies. During the 2025 Global Fintech Festival, […]
India Launches Pilot for Tokenized Bank Deposits: Faster Settlements and Enhanced Security
This Wednesday marks a pivotal moment in India’s digital banking revolution as the Reserve Bank of India (RBI) launches a pilot program for tokenized bank deposits. The initiative […]
India’s Digital Rupee: A Secure Central Bank Approach for Faster Payments
India is set to launch its central bank digital currency (CBDC) using blockchain technology, aiming for faster and safer payments. Commerce Minister Piyush Goyal confirmed this initiative during […]
India to Launch Sovereign Digital Currency: New Era of Payments Begins
India’s Union Minister Piyush Goyal announced a groundbreaking move – the launch of a sovereign RBI-backed digital currency. This initiative, poised to redefine how 1.4 billion citizens transact […]
India Intensifies Digital Rupee Push, Favoring State-Backed Currency
To reduce reliance on private cryptocurrencies and streamline transactions, India is prioritizing its central bank digital currency (CBDC) rollout. Piyush Goyal, the Union Minister for Commerce and Industry, […]