DOWNLOAD IPFS Indian authorities have intensified enforcement actions against offshore cryptocurrency exchanges amid growing concerns about their alleged role in facilitating terror financing and money laundering. The Financial Intelligence Unit of India (FIU-IND), a key arm of the Finance Ministry, has flagged multiple platforms for failing to comply with national[Read More…]

DOWNLOAD IPFS Wealthy Indian investors are increasingly shifting their portfolios toward Bitcoin, viewing it as a modern alternative to gold amid limited returns in traditional financial markets. This trend is gaining traction as high-net-worth individuals (HNWIs) and family offices look for more dynamic asset classes to protect and grow their[Read More…]

DOWNLOAD IPFS Cryptocurrency trading activity in India’s smaller cities more than doubled to $1.9 billion during the October to December quarter, as young individuals turned to digital assets amid limited job growth and income challenges, according to data reviewed by Reuters. Tier 2 and Tier 3 cities such as Nagpur,[Read More…]

DOWNLOAD IPFS Bitcoin has once again captured investor attention in India, rallying to new highs as both seasoned and new traders continue to pour funds into digital assets. The renewed surge is backed by rising global prices, increased adoption, and a shift in investor sentiment toward decentralized finance. According to[Read More…]

DOWNLOAD IPFS Authorities in Indonesia have uncovered an international drug trafficking network operated by Russian and Ukrainian nationals from the island of Bali. These syndicates are using cryptocurrency and encrypted messaging platforms to conduct transactions and evade law enforcement. The operation, exposed through investigations by Indonesia’s National Narcotics Agency (BNN),[Read More…]

DOWNLOAD IPFS Police in Kolkata’s Bidhannagar suburb arrested 26-year-old Harshik Mukeshbhai Patel from Chandkheda, Gujarat, on charges of defrauding a Bengaluru resident of ₹1.5 crore (about $180,000) through a fake cryptocurrency investment platform. The arrest follows a complaint filed on September 15, 2023, by Aurobinda Maji, a 34-year-old Bengaluru-based investor.[Read More…]