India has heightened its crackdown on offshore crypto exchanges, leading Apple to remove apps of platforms like Binance and Bitfinex from its App Store within the country. Regulatory measures, including compliance notices and a 1% levy called Tax Deducted at Source (TDS), reflect India's commitment to enforcing crypto regulations, impacting both local and offshore exchanges.
JoyIndia’s Financial Intelligence Unit has taken steps to block the URLs of nine cryptocurrency exchanges. The move comes as the FIU claims these exchanges are "operating illegally" and not complying with the Prevention of Money Laundering Act.
JoyBinance's CEO, Changpeng Zhao, has downplayed staff turnover, maintaining that Binance is evolving with the ever-changing crypto landscape.
BeincryptoThis trend showcases that there is a decreased level of appeal and, as a result, value to CEX tokens
BitcoinworldCrypto exchange Kucoin recently published a report that provided insight into the cryptocurrency space in India. This survey conducted published ...
BitcoinistPer a press release from India’s Enforcement Directorate (ED), crypto exchange Binance is allegedly involved in a money laundering scheme ...
BitcoinistWhile investigating the Solana incident, the CEO of Binance warned investors that "Solana has had an active security incident", and funds from more than 7,000 wallets have been stolen.
CointelegraphParallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.
CointelegraphEnforcers around the world are demonstrating their interest to the industry's largest players.
CointelegraphThe Bitcoiner had visited eight different countries out of his goal of forty and was in Africa at the time of Cointelegraph’s interview.
Cointelegraph