CoinSwitch, India’s largest crypto trading platform with over 2 crore users, today announced the launch of Web3 Coins, a major leap toward making decentralised crypto accessible to everyday investors. With this, users can now access over 1,00,000 crypto tokens and trade them directly in INR. Web3 Coins gives investors immediate access to […]
Business Wire India cryptact, Japan’s most trusted crypto tax platform with over 150,000 users since 2017, is now officially available in India. Developed by former Goldman Sachs executives, cryptact combines institutional-grade expertise with cutting-edge technology to simplify crypto tax filing with accuracy, transparency, and ease. Indian users can now access its powerful tax tool completely […]
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t ignore: lower […]
Bitcoin continued its upward momentum on Thursday, briefly surpassing the $108,000 mark as geopolitical tensions eased and institutional participation in crypto assets showed signs of strengthening. As of 11:50 am IST, the world’s leading cryptocurrency was trading at $107,800, up 1.5 per cent on the day, after touching a daily high of $108,305, according to […]
US stocks held close to record levels on Wednesday as investors paused following two days of strong gains driven by easing geopolitical tensions and a steep fall in crude oil prices, the Associated Press reported.The S&P 500 rose 0.3%, while the Nasdaq climbed 0.6% as cryptocurrency-linked stocks rallied. The Dow Jones Industrial Average slipped by […]
Hackers with suspected links to Israel have stolen over $90 million from Nobitex, Iran’s largest cryptocurrency exchange, in a high-profile cyberattack that analysts believe was politically driven, rather than financial.The group behind the breach, known as Gonjeshke Darande or “Predatory Sparrow”, leaked what it claimed was Nobitex’s complete source code and declared on Telegram, “ASSETS […]
The Central Board of Direct Taxes (CBDT) has launched an investigation against several “high-risk persons” who were allegedly evading taxes and laundering unaccounted funds by investing them in cryptocurrency. These entities and individuals, who were identified for verification and scrutiny, were allegedly involved in Virtual Digital Asset (VDA) transactions and did not comply with the […]
Donald Trump (File photo) In a financial disclosure report released on Friday, Donald Trump declared over $600 million in earnings from various ventures including cryptocurrency, golf establishments, licensing agreements and other business interests, reported Reuters.The financial report, apparently covering the 2024 calendar year, indicates that the president’s cryptocurrency investments significantly enhanced his wealth, alongside substantial […]
Several ‘High-Risk Persons’ Under Lens For Not Complying With I-T Act ProvisionsNEW DELHI: The Central Board of Direct Taxes (CBDT) has launched an investigation against several “high-risk persons” who were allegedly evading taxes and laundering unaccounted funds by investing them in cryptocurrency. These entities and individuals, who were identified for verification and scrutiny, were allegedly […]
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear […]
