The Ministry of Finance recently made it clear in a written reply in the Lok Sabha that the government is not considering a law to regulate the transaction of cryptocurrencies. “Currently, there is no proposal to bring legislation for regulating the sales and purchase of virtual digital assets in the […]
crypto
Indian Crypto exchange WazirX filed a first information report (FIR) based on the previous police complaint connected to the cybersecurity attack, which cost the company $230 million in the form of crypto assets. The FIR was filed at PS Special Cell, PS Lodhi Colony in New Delhi, according to WazirX’s […]
In December, India’s Financial Intelligence Unit (FIU) called for blocking web addresses of a number of global crypto firms which were not registered in the country, over concerns that some of them may be misused for money-laundering. On Friday, FIU said that it has lifted Kucoin’s suspension after the exchange […]
Major cryptocurrencies experienced a rally on Monday following the release of softer-than-anticipated US jobs data, which revived expectations that the Federal Reserve might consider easing rates within the year. World’s largest cryptocurrency Bitcoin experienced a 1.5% increase, reaching $64,340 on Monday, whereas the second-largest digital token, Ethereum, saw a 3% […]