Crypto News Today
The Supreme Court of India has released a destructive critical of the central government’s motion in regulating cryptocurrencies. Indian judicial authorities have warned that the lack of a legal framework has created a ripe ecosy system for misuse and financial fraud. The Supreme Court, on May 19, 2025, compared unregulated crypto trading to a more … Read more
Unocoin, one of the longer Bitcoin and Cryptain exchanges in India, has announced the successful integration of the Lightning network, a second level protocol designed to allow low and low cost bitcoins transactions. The integration is powered by voltage, an infrastructure supplier based in the United States known for its company level lightning solutions. This … Read more
“I hope cryptocurrencies get some mention in this Budget and some relaxation is given on taxation of cryptocurrencies,” said Sumit Gupta, CEO and co-founder of CoinDCX, one of India’s leading cryptocurrency exchanges, speaking to local media. Gupta stressed that India must not shy away from regulating cryptocurrencies, but rather take a leadership role in shaping … Read more
According to a statement by Finance Minister Pankaj Chaudhary in Parliament, Binance and WazirX have been named in India’s recent tax investigation into alleged tax evasion amounting to $97 million. The investigation arises from the Indian government’s stepped-up efforts to regulate and tax the cryptocurrency industry. In fact, India’s Directorate General of GST Intelligence (DGGI) … Read more
The Bharat Web3 Association has introduced the ABCD initiative to address the rising cyber threats to the Web3 ecosystem, starting in India with plans for global expansion. The alliance aims to strengthen security protocols, standardize best practices, and foster collaboration among industry players to combat scams and promote trust in Web3 technologies. ABCD will work … Read more