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Bitcoin Price Drops to $124,000 After Hitting New All-Time High
Bitcoin hovered around $124,000 on Monday after briefly crossing $125,500 over the weekend, taking the crypto market to fresh highs. Ethereum traded above $4,500, supported by strong ETF inflows of $4.5 billion (roughly Rs. 39,906 crore) and rising institutional demand. Analysts noted Bitcoin’s market cap touched $2.5 trillion (roughly Rs. 2,21,7...
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Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
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BSE Blocks Jetking’s Crypto-Focussed Share Listing Due to Speculation Risks
The Bombay Stock Exchange has blocked Jetking Infotrain’s preferential issue listing due to plans to allocate 60 percent of proceeds to crypto, mainly Bitcoin. The IT firm had already allotted shares, partially deployed funds, and now faces a 10 percent stock fall. Joint MD Siddharth Bharwani called it unprecedented, while Web3 lawyer Subha Chugh...
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US Man, Seeking Affair, Loses Rs 12 Crore In Romance Scam: "She Was Very Beautiful"
The scam depleted his retirement and life savings by $1.4 million, with four cryptocurrency transactions made over six weeks.
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Ethereum Climbs Above $4,100 as Whale Accumulation Boosts Market Sentiment
Bitcoin started the week steady near $112,000 (roughly Rs. 99.4 lakh) as traders braced for a $22.6 billion (roughly Rs. 2,00,416 crore) futures expiry and key macroeconomic cues. Ethereum rose to $4,113 (roughly Rs. 3.65 lakh), aided by reduced exchange supply and whale accumulation. Altcoins posted modest gains, while analysts noted consolidation...
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Bitcoin Price Drops Below $112,000 Ahead of $22.6 Billion Futures Expiry
Crypto markets started Thursday on a cautious footing with Bitcoin slipping to $111,700 (roughly Rs. 99 lakh) and Ethereum at $4,006 (roughly Rs. 3.5 lakh) after a 4.3 percent drop. Investors await US GDP data and jobless claims, while futures expiry worth $22.6 billion adds pressure. Despite bearish undertones, Ethereum shows resilience with excha...
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UAE to Begin Sharing Crypto Tax Data Under Crypto Asset Reporting Framework in 2028
The UAE has signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF), joining global efforts to automatically exchange cryptocurrency tax information. The framework will be implemented in 2027, with the first data sharing expected in 2028. Public consultation, running from September 15 to Novemb...
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Australia’s ASIC Grants Exemptions to Stablecoin Intermediaries
The Australian Securities and Investments Commission (ASIC) has introduced class relief that exempts intermediaries from needing separate licences to distribute stablecoins issued by licensed providers. The initiative is intended to lower compliance hurdles and encourage growth in the digital assets sector. At the same time, ASIC emphasised that is...
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Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
Coinbase has urged the US Department of Justice to address fragmented state-level crypto regulations, even as the Securities and Exchange Commission reportedly prepares to drop its high-profile lawsuit against the exchange. While federal lawmakers push for stablecoin and market-structure bills, state attorneys general in New York and Oregon continu...
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Government Makes Cybersecurity Audits Mandatory for Crypto Exchanges Due to Rising Risks
India has made cybersecurity audits mandatory for cryptocurrency exchanges, custodians, and intermediaries following a surge in cyber heists. The Financial Intelligence Unit-India (FIU-IND) has directed firms to hire CERT-In-approved auditors as part of compliance under the PMLA. Industry leaders welcomed the move as a step toward stronger safeguar...
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KuCoin Taps Golfer Adam Scott as First Global Brand Ambassador
Cryptocurrency exchange KuCoin has partnered with golf legend Adam Scott, appointing him as its first global brand ambassador. The collaboration marks KuCoin’s debut in sports sponsorships and comes amid regulatory scrutiny worldwide. By associating with Scott, KuCoin aims to strengthen its global image of trust and integrity while joining other ...
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Bybit Resumes Full Operations in India After Regulatory Approval
Bybit has reopened its app for Indian users after completing registration with the Financial Intelligence Unit-India (FIU-IND). Website access will be restored in phases over the next few days. The exchange had paused operations in January 2025 due to regulatory changes, but now resumes trading under India’s Prevention of Money Laundering Act (PM...
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Bitcoin Holds Ground as Ethereum Finds Whale Support Amid Market Caution
The crypto market stayed range-bound on Monday as Bitcoin traded at $111,000 (roughly Rs. 97.6 lakh) and Ethereum at $4,300 (roughly Rs. 3.8 lakh). Analysts highlighted strong accumulation across BTC and ETH, with whales adding to positions and exchange balances hitting lows. Altcoins, including Solana, XRP, Dogecoin, and Cardano, saw mixed moves a...
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Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
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OKX Faces EUR 2.25 Million Fine By Dutch National Bank for Operating Without Registration
The Dutch National Bank fined OKX EUR 2.25 million (roughly Rs. 21.9 crore) for operating without proper registration between 2023 and 2024. The penalty comes under the country’s AML rules, which apply to all crypto firms regardless of size. OKX joins exchanges like Crypto.com and Kraken in facing sanctions. With MiCA now in full effect across th...
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Bitcoin Price Drops to $124,000 After Hitting New All-Time High
Bitcoin hovered around $124,000 on Monday after briefly crossing $125,500 over the weekend, taking the crypto market to fresh highs. Ethereum traded above $4,500, supported by strong ETF inflows of $4.5 billion (roughly Rs. 39,906 crore) and rising institutional demand. Analysts noted Bitcoin’s market cap touched $2.5 trillion (roughly Rs. 2,21,7...
-
Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
-
BSE Blocks Jetking’s Crypto-Focussed Share Listing Due to Speculation Risks
The Bombay Stock Exchange has blocked Jetking Infotrain’s preferential issue listing due to plans to allocate 60 percent of proceeds to crypto, mainly Bitcoin. The IT firm had already allotted shares, partially deployed funds, and now faces a 10 percent stock fall. Joint MD Siddharth Bharwani called it unprecedented, while Web3 lawyer Subha Chugh...
-
US Man, Seeking Affair, Loses Rs 12 Crore In Romance Scam: "She Was Very Beautiful"
The scam depleted his retirement and life savings by $1.4 million, with four cryptocurrency transactions made over six weeks.
-
Ethereum Climbs Above $4,100 as Whale Accumulation Boosts Market Sentiment
Bitcoin started the week steady near $112,000 (roughly Rs. 99.4 lakh) as traders braced for a $22.6 billion (roughly Rs. 2,00,416 crore) futures expiry and key macroeconomic cues. Ethereum rose to $4,113 (roughly Rs. 3.65 lakh), aided by reduced exchange supply and whale accumulation. Altcoins posted modest gains, while analysts noted consolidation...
-
Bitcoin Price Drops Below $112,000 Ahead of $22.6 Billion Futures Expiry
Crypto markets started Thursday on a cautious footing with Bitcoin slipping to $111,700 (roughly Rs. 99 lakh) and Ethereum at $4,006 (roughly Rs. 3.5 lakh) after a 4.3 percent drop. Investors await US GDP data and jobless claims, while futures expiry worth $22.6 billion adds pressure. Despite bearish undertones, Ethereum shows resilience with excha...
-
UAE to Begin Sharing Crypto Tax Data Under Crypto Asset Reporting Framework in 2028
The UAE has signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF), joining global efforts to automatically exchange cryptocurrency tax information. The framework will be implemented in 2027, with the first data sharing expected in 2028. Public consultation, running from September 15 to Novemb...
-
Australia’s ASIC Grants Exemptions to Stablecoin Intermediaries
The Australian Securities and Investments Commission (ASIC) has introduced class relief that exempts intermediaries from needing separate licences to distribute stablecoins issued by licensed providers. The initiative is intended to lower compliance hurdles and encourage growth in the digital assets sector. At the same time, ASIC emphasised that is...
-
Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
Coinbase has urged the US Department of Justice to address fragmented state-level crypto regulations, even as the Securities and Exchange Commission reportedly prepares to drop its high-profile lawsuit against the exchange. While federal lawmakers push for stablecoin and market-structure bills, state attorneys general in New York and Oregon continu...
-
Government Makes Cybersecurity Audits Mandatory for Crypto Exchanges Due to Rising Risks
India has made cybersecurity audits mandatory for cryptocurrency exchanges, custodians, and intermediaries following a surge in cyber heists. The Financial Intelligence Unit-India (FIU-IND) has directed firms to hire CERT-In-approved auditors as part of compliance under the PMLA. Industry leaders welcomed the move as a step toward stronger safeguar...
-
KuCoin Taps Golfer Adam Scott as First Global Brand Ambassador
Cryptocurrency exchange KuCoin has partnered with golf legend Adam Scott, appointing him as its first global brand ambassador. The collaboration marks KuCoin’s debut in sports sponsorships and comes amid regulatory scrutiny worldwide. By associating with Scott, KuCoin aims to strengthen its global image of trust and integrity while joining other ...
-
Bybit Resumes Full Operations in India After Regulatory Approval
Bybit has reopened its app for Indian users after completing registration with the Financial Intelligence Unit-India (FIU-IND). Website access will be restored in phases over the next few days. The exchange had paused operations in January 2025 due to regulatory changes, but now resumes trading under India’s Prevention of Money Laundering Act (PM...
-
Bitcoin Holds Ground as Ethereum Finds Whale Support Amid Market Caution
The crypto market stayed range-bound on Monday as Bitcoin traded at $111,000 (roughly Rs. 97.6 lakh) and Ethereum at $4,300 (roughly Rs. 3.8 lakh). Analysts highlighted strong accumulation across BTC and ETH, with whales adding to positions and exchange balances hitting lows. Altcoins, including Solana, XRP, Dogecoin, and Cardano, saw mixed moves a...
-
Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
-
OKX Faces EUR 2.25 Million Fine By Dutch National Bank for Operating Without Registration
The Dutch National Bank fined OKX EUR 2.25 million (roughly Rs. 21.9 crore) for operating without proper registration between 2023 and 2024. The penalty comes under the country’s AML rules, which apply to all crypto firms regardless of size. OKX joins exchanges like Crypto.com and Kraken in facing sanctions. With MiCA now in full effect across th...
