Indian cryptocurrency market: Cryptocurrency comeback: Indian exchanges shine amid offshore challenges
Almost exactly two years ago, the Indian cryptocurrency market braced for a freezing winter, after the government announced a one%...
Offshore
India blocks access to major offshore crypto exchanges
India has reportedly suspended access to numerous foreign cryptocurrency exchanges, such as Binance, KuCoin, and OKX. According to the Economic...
Mint Explainer: Why India’s targeting Binance, other offshore crypto exchanges
Most of these platforms, known as virtual digital assets (cryptocurrency) service providers, have their official addresses in the Seychelles, British...
Centre Issues Notices To 9 Offshore Crypto Platforms
Notices were sent under Section 13 of the Prevention of Money Laundering Act (Representational Image)New Delhi: As part of compliance...
Government sends notice to 9 offshore crypto firms for PMLA non-compliance
The companies that have been sent the show causes notices by the FIU include Binance, Bittrex, Kucoin, Huobi, Kraken, Gate.io,...
Offshore crypto exchanges must register with India’s FIU: Finance Ministry
The Ministry of Finance has clarified that offshore cryptocurrency exchanges servicing the Indian market, too, have to be registered with...
Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges
The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated...
5 mn crypto users shift to offshore platforms- The New Indian Express
By Express News Service BENGALURU: Three to five million crypto users have shifted to offshore trading platforms with the imposition...
After 1% TDS, crypto users shift to offshore platforms, ₹3,500 cr tax goes uncollected: Report
The imposition of a one percent tax-deducted-at-source (TDS) on the trading of virtual digital assets (VDA) in India, has made...
Brian Armstrong Believes CFTC Action Will Drive DeFi Offshore
Coinbase CEO Brian Armstrong vehemently opposes the United States Commodity Futures Trading Commission (CFTC) taking legal action against decentralized finance...
