Indian government

India Not Considering Legislation to Regulate Cryptocurrencies, Says Government

August 8, 2024

The Indian government has made it clear in a recent reply to the Parliament that it is not considering any legislation to regulate cryptocurrency transactions. This move comes despite India’s strict laws on digital assets, showcasing the government’s preference for oversight through existing measures

Policy·Regulation·Road 2 Crypto

Indian Authorities Fine Binance $86 Million for GST Compliance

August 7, 2024

India has imposed a fine of $86 million in taxes on Binance, demanding payment for Goods and Services Tax (GST) against fees collected from Indian customers trading digital assets. The Directorate General of GST Intelligence (DGGI) of India has issued a show cause notice to Binance, citing that those transactions conducted on Binance under the

October 3, 2024

India Battling Cyber Slavery and Human Trafficking in Southeast Asia

Cyber slavery has reportedly entrapped tens of thousands of Indians across several