Cryptocurrency News - Latest Updates & Headlines
India to become world's largest Web3 developer hub by 2028: Report
Bengaluru, March 11: India is rapidly emerging as a global leader in the Web3 space and is expected to become the world's largest Web3 developer hub by 2028, according to a report on Tuesday.
Trump says working to end US government war on Crypto
Washington DC, March 8: Following the decision to create a 'Strategic Bitcoin Reserve', United States President Donald Trump said that he's working to end the government's "war on crypto"
Tamannaah Bhatia to take action against cryptocurrency fraud rumors
Mumbai, Feb 28: Actress Tamannaah Bhatia has denied rumors linking her to a cryptocurrency fraud case, calling them "fake, misleading, and false."
FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources
New Delhi, February 13: The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters.
FIU slaps Rs 9.27 crore penalty on crypto platform Bybit over PMLA violations
New Delhi, Feb 1: The government has slapped a penalty of Rs 9.27 crore on Bybit Fintech Limited (Bybit), a virtual digital asset service provider (VDA SP) over Prevention of Money Laundering Act, 2002 (PMLA) violations.
No new ED notice, clarifies Paytm as shares drop
Mumbai, Jan 24: Financial services major Paytm on Friday said it has not received any new notice from the Enforcement Directorate (ED) related to an ongoing investigation into a cryptocurrency scam.
US: Melania Trump launches her cryptocurrency
Washington, DC, January 20: US President-elect Donald Trump's wife, Melania Trump, has launched her cryptocurrency ahead of Trump's inauguration, CNN reported.
Delhi HC issues notice on plea seeking enhanced regulations for cryptocurrency
New Delhi, Jan 9: The Delhi High Court has agreed to examine a plea seeking enhanced regulations for cryptocurrency or virtual digital assets (VDA).
Budget should reduce tax rates, raise personal income tax exemption limit to Rs 5 lakh from Rs 3 lakh: EY India
New Delhi, January 8: The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India).