The Madras High Court granted interim protection to a WazirX user, blocking the exchange from redistributing her XRP as part of its Singapore-led restructuring.
The pending deal extends Coinbase’s backing and follows CoinDCX’s 2022 raise of $135 million at a $2.15 billion valuation.
The traders are suspected of trading on Binance and hiding their gains from India's tax authority, which has high taxes on crypto trades and gains.
The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.
The exchange had suspended most services in January 2025 due to operating without proper registration under anti-money laundering rules.
USDT and USDC continue to lead global stablecoin flows, but EURC and PYUSD are rising fast as institutional rails expand
APAC emerged as the fastest-growing crypto market in the year through June 2025, with on-chain activity up 69% year-over-year.
The kidnapping victim was himself charged with kidnapping and extortion related to a separate crypto ransom case.
India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […]
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A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has linked the platform’s recent $44 million security breach to a targeted social engineering attack. In a July 31 statement shared via X (formerly Twitter), Gupta said early findings indicate that the exploit may have stemmed from manipulation tactics to gain unauthorized internal access. He explained that […]
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Binance and WazirX face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with US-based crypto platform Coinbase. The speculation emerged after a Livemint report claimed that negotiations were underway between the two crypto trading platforms. However, Gupta quickly dismissed the claims in a July 29 post on X […]
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CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.
The attack took place one year after a massive $230 million hack took down WazirX, then India's largest crypto exchange.
CoinDCX's CEO, Sumit Gupta, refuted allegations of moving user funds to non-compliant entities in Lithuania.
A senior figure in India’s ruling Bharatiya Janata Party (BJP) has called for the country to consider integrating Bitcoin into its official reserve strategy. On July 26, Pradeep Bhandari, a spokesperson for the BJP, encouraged Indian policymakers to adopt a measured approach to Bitcoin, suggesting that even a small-scale pilot program could strengthen India’s economic […]
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Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack in July 2024. On June 4, WazirX announced that its request for court approval had been denied, saying: “The Honourable Singapore High Court issued an order declining to approve our […]
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The Canadian firm plans to invest $3.2M for up to 24.95% ownership and license its digital gold tech to the Indian market.
The cryptocurrency industry in India has spotted its chance to lobby for more favorable treatment from New Delhi
India’s Supreme Court has directed regulatory bodies to develop clear guidelines for governing crypto activities in the country, according to a May 20 report from local outlet Bar and Bench. According to the report, the apex court emphasized that regulators should focus on establishing oversight frameworks that reflect the rising adoption of digital assets across […]
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Supreme court justice Surya Kant and N Kotiswar Singh said that there is "parallel under-market" for crypto that can affect the economy.
Binance is implementing new compliance measures for users in South Africa, effective April 30. According to an April 23 statement, the changes will require all its South African users to provide detailed information about the sender and receiver of any crypto transfer on the platform. The firm added that users initiating withdrawals must enter the […]
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Indian crypto exchange WazirX is preparing to resume operations by mid-May 2025, according to an update shared on April 21. The exchange confirmed it is on track to relaunch within the previously announced April–May timeframe, pending a final court decision in Singapore. WazirX revealed that its parent company, Zettai, has completed all preliminary requirements. The […]
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The app currently has 500,000 monthly actively users.
Coinbase has secured approval from India’s Financial Intelligence Unit (FIU), positioning itself to re-enter the country’s crypto market. The exchange announced on March 11 that it intends to launch retail trading services later this year, with further investments and product rollouts to follow. This move signals a fresh attempt by Coinbase to establish itself in […]
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The crypto exchange started withdrawing from the country in 2022 due to regulatory pressure.
Kraken has disclosed a significant increase in data requests from law enforcement and regulatory agencies in 2024. According to its latest transparency report, the exchange received 6,826 requests, reflecting a 38.6% rise from the previous year. US lead requests Authorities in the United States submitted the largest share, 1,951 requests, representing 28.6% of the total. […]
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BitConnect's founder, Satish Kumbhani, is wanted in both India and the U.S.
The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.