Delhi Court Warns Crypto Could Collapse Recognized Money Into Dark Networks

India’s legal alarm over crypto hit new highs as the Delhi High Court warned it threatens monetary stability by dissolving recognized currency into opaque, untraceable financial systems. Delhi High Court Flags Crypto as Systemic Threat Amid Growing Legal Scrutiny Concerns over digital asset misuse intensified in India after a judicial warning flagged crypto’s ability to … Read more

India Probes Binance Over Crypto Transfers From Pakistan

India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s Financial Intelligence Unit (FIU-IND) is intensifying its investigation into Binance and several cryptocurrency exchanges over allegations of digital assets being funneled through private wallets … Read more

BTC’s $118K Rally Wipes out $1B in Shorts, Canadian Woman Sues Over Sim-Swap Scam, and More — Week in Review

Bitcoin rally to $118K wipes out over $1 Billion in short bets, Canadian woman sues after $1.3M in bitcoin vanishes in SIM-swap scam, Indian crypto users slammed with 18% GST as Bybit complies with tax regulation, and more in this Week in Review. Week in Review Bitcoin surged to $118,000, triggering over $1 billion in … Read more

Brazil’s Ambassador to India Addresses BRICS Currency Speculation

BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to … Read more

Indian Crypto Users Slammed With 18% GST as Bybit Complies With Tax Regulation

Bybit is hitting Indian crypto traders with an 18% GST and widespread service shutdowns as strict new regulations reshape the nation’s rapidly evolving digital asset landscape. Bybit Hits India With 18% GST as Multiple Crypto Services Begin Final Shutdown Cryptocurrency exchange Bybit is introducing higher transaction costs for Indian users, as it prepares to implement … Read more

India Urged to Consider Bitcoin Reserve Amid Global Digital Asset Shift

Bitcoin is rapidly emerging as a serious strategic reserve asset, and India now faces a critical economic moment that could redefine its global financial leadership trajectory. Bitcoin Reserve Strategy Gains Attention as India Faces Economic Crossroads Growing adoption of bitcoin as a strategic reserve asset is prompting countries to reconsider BTC’s role in national economic … Read more

India May Release Crypto Regulation Discussion Paper in June: Report

India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India, … Read more

India’s Crypto Sector Rallies for Tax Change as Trump Spurs Market Optimism

Amid evolving global dynamics, India’s cryptocurrency sector is intensifying pressure on the government for tax relief, capitalizing on what industry leaders see as softening attitudes linked to Donald Trump’s White House return. Executives report regular engagements with Indian policymakers—now occurring monthly or weekly—compared to biannual discussions in the past. The industry seeks to replace the … Read more

India Supreme Court Asks Government Why Crypto Still Isn’t Regulated

India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged the central government to establish a clear policy on cryptocurrency regulation, citing … Read more

India’s Top Court Slams Lack of Crypto Regulation, Links Bitcoin to Hawala

India’s top court just ignited a regulatory firestorm, slamming bitcoin trading as refined Hawala and blasting government delays that leave the crypto market in legal limbo. Indian Supreme Court Calls Bitcoin Refined Hawala, Decries Absence of Regulatory Framework The Supreme Court of India compared bitcoin trading to “a refined way of Hawala business” on Monday … Read more