Tag: Cryptocurrencies
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UK regulator warns illegal crypto ATMs to shut operations
The UK's Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the country to shut down their services or face enforcement action.
Crypto...
Bitcoin now has higher market cap than Russian currency
As Russia intensifies its battle to take control of Ukraine, Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross...
Promote shady crypto investment and you can be held liable: US court
In a landmark decision that can have its ramifications in several countries battling the rise of cryptocurrencies including India, a court ruling in the...
Criminals had $11 bn worth illicit cryptocurrencies in 2021
Cryptocurrencies have made criminals richer and in 2021, criminals held $11 billion worth of funds with known illicit sources, compared to just $3 billion...
Top crypto lender to pay $100 mn fine for violating securities law
In more bad news for the unregulated world of cryptocurrencies, popular crypto lender BlockFi will have to pay $100 million in penalties in the...
Digital tax fine but what about crypto money laundering via Dark Web?
As we navigate through the debate on crypto's future in India, mere imposing a 30 percent tax on digital assets is not enough as...
Crypto tax regime indicates future of cryptocurrencies in India
The announcement of the crypto tax regime by introducing flat 30 percent taxation on income from crypto and digital assets in the Budget 2022-23...
Global crypto market suffers $1 trillion loss as Bitcoin crashes
Bitcoin, along with other digital cryptocurrencies, crashed to its lowest level on Saturday and the continuing meltdown has wiped out over $1 trillion from...
Crypto prices moving in sync with stocks, posing systemic risks
Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution,...
More than a third of urban Indians oppose the upcoming Cryptocurrency Bill
As the government readies a Bill on cryptocurrencies, YouGov's latest data shows more than a third of urban Indians (36 per cent) are not...