Stablecoins are rapidly emerging as a critical financial tool for everyday users seeking protection against currency depreciation and financial instability.
The 19th package of sanctions against Russia introduces a gradual phase out of imports of Russian LNG, blacklists "shadow fleet" of vessels, restricts movement of Russian diplomats. It also sanctions banks and cryptocurrencies and imposes restrictions on companies from India and China.
The Enforcement Directorate (ED) has issued a provisional attachment order of movable assets in the form of cryptocurrencies worth approximately Rs 2,385 crore in connection with its ongoing money laundering investigation into the unauthorised forex trading platform OctaFX.
Union Minister Piyush Goyal stated that India does not encourage cryptocurrencies lacking sovereign or asset backing, such as those not supported by the Reserve Bank of India (RBI) or local currency.
Between 2021 and 2023, organized cyber frauds were committed across India in the guise of Loan, Job, Investment, and Cryptocurrency Schemes. These frauds were facilitated through the creation of multiple shell companies, which were used to open mule bank accounts. The proceeds collected f
Donald Trump heavily criticised former President Joe Biden's stringent actions against cryptocurrencies such as Bitcoin and expressed a more welcoming approach by his administration.
This comes after the CBI conducted raids at over 60 locations across major cities, including Delhi, Pune, Nanded, Kolhapur, Mumbai, Bengaluru, Chandigarh, Mohali, Jhansi, and Hubli, as part of its investigation into the GainBitcoin scam.
The Central Bureau of Investigation (CBI) on Friday filed a chargesheet against three accused in a case of transnational cyber-enabled Call Center fraud involving cryptocurrencies and bitcoins worth Rs 260 crore.
New Delhi [India], November 12: Trading on financial markets can be an incredibly exhilarating experience, especially for novice traders. Investing in stocks, cryptocurrencies and commodities can be highly profitable but comes with inherent risks.
Mumbai (Maharashtra) [India], June 12: WazirX, India's largest cryptocurrency exchange by volume, published its Proof of Reserves for June 2024 today, fostering transparency and user confidence in the virtual digital assets (VDA) ecosystem. As an industry leader facilitating transactions acr
New Delhi [India], June 6: With the recent release of Moon Keynote 2 and an astounding $42.4 million presale, BlockDAG has drawn much attention in cryptocurrency. This article explores BlockDAG's innovations and compares their potential with those of two notable cryptocurrencies: Avalanche a