India

India Arrests US DoJ Indicted Russian Crypto Exchange Garantex Administrator

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The Indian authorities arrested the founder of the Russian cryptocurrency exchange, Aleksej Besciokov, in the South Indian state of Kerala. Besciokov has been arrested Facilitating money laundering by through national criminal organizations, including terrorist organizations and penalties. “Since April 2019, GARANTEX has processed at least $ 96 billion in cryptocurrencies,” said the United States SECRET … Read more

Russia Is Using Bitcoin And Crypto For Its Oil Trades With China And India

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Russia Is Using Bitcoin And Crypto For Its Oil Trades With China And India

Among the ongoing penalties on the war in Ukraine, Russia turned to Bitcoin and other cryptocurrencies to facilitate part of its oil trade with the main buyers China and India. According to a Reuters report, Russian oil companies and merchants make more and more transactions in Bitcoin and Crypto, allowing them to get around the … Read more

This Week In Crypto Asia: Kraken Eyes India Return

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The famous KRAKEN of Crypto Exchange can prepare for possible entry to the Indian market after its ban last year. According to local media reports dated February 20, 2025, Kaken is in discussions with India Financial Intelligence Unit (FIU) For the necessary licenses. In 2024, the local authorities included the blacklist and banned Kraken to … Read more

Bybit Gains Approval to Operate in India

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Bybit Gains Approval to Operate in India

Bybit was successfully registered with the Financial Intelligence Unit India (FIU-IND). The Indian government requires that all Virtual Digital Asset Service Providers (VDasps) register FIU-IND and comply with strict AML and CFT steps. Bybit repaired a $ 1 million penalty before approved. BybitThe second largest largest cryptocurrency exchange in the world, is registered with the … Read more

Gate.io Banned In India, Users Unable To Access Funds

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Gate.io Banned In India, Users Unable To Access Funds

The Indian government blocked access to the popular cryptocurrency exchange Gate.io on December 10, 2024 with a message displayed on the website that read: “The website has been blocked as per the order of the Ministry of Electronics and IT to under the IT Act, 2000.” Users were shocked, many were unable to access their … Read more

How Tezos India is Driving Blockchain Adoption and Innovation

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How Tezos India is Driving Blockchain Adoption and Innovation

The Tezos India Foundation is a non-profit organization to promote the Tezos blockchain in India. In an exclusive email interview with Ravi Kumar from AlexaBlockchain, Om Malviya, Founder and President of Tezos India Foundationsheds light on his journey in the blockchain space, the unique features of the Tezos blockchain, and the foundation’s role in promoting … Read more