Undisclosed Assets

The Enforcement Directorate has written to the Election Commission claiming that a money laundering investigation has found that the ruling CPI(M) in Kerala has about 80 "undisclosed" bank accounts and about 100 unreported immovable assets in the Thr

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.

The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.

KuCoin, the Seychelles-based crypto exchange, has decided to not freeze the assets of this user whose name remains undisclosed, unless a law enforcement agency sends over a legal notice instructing the exchange to do so. In its justification for delaying the blocking of assets linked to this scammer, KuCoin has said it will follow the laws of Seych...

The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.

Genesis has filed for bankruptcy in the Southern District of New York. The company has liabilities and assets, both in an undisclosed range between $1 billion (roughly Rs. 8,120 crore) to $10 billion (roughly Rs. 81,200 crore). As part of its next line of action, Genesis aims to raise capital by launching a marketing and sale process to monetise i...

Binance signed a non-binding agreement to acquire rival crypto firm FTX on Tuesday, and the announcement capped a series of back-and-forth salvos between the CEOs of both firms. Earlier on Tuesday, FTX's CEO had assured investors that the firm's assets were in order. Here's how Binance's plan to buy its rival unfolded in a matter of days.

Bitcoin ATMs manufactured by General Bytes were recently breached by hackers who managed to get away with an undisclosed amount of funds. As per the company, the attack was identified three days after it publicly announced a ‘Help Ukraine’ feature on its ATMs. An investigation has been launched into the case and meanwhile, the company has asked...

CryptoCom has bagged approvals to operate as a virtual assets service provider in South Korea. The development comes after CryptoCom also acquired two South Korean firms, payment service provider PnLink and virtual asset provider OK-Bit, for an undisclosed amount of capital.

CoinShares has officially purchased French fintech firm — Napolean Asset Management — for an undisclosed amount. The completion of this acquisition comes after France’s top financial regulator, the Autorité des Marchés Financiers, granted all necessary approvals. CoinShares will now provide services around Exchange-Traded Products (ETPs) an...

Tether’s UK-focussed stablecoin initiative ‘GBPT’ will be releasing in July. This project will be based on the Ethereum blockchain during its initial roll-out. GBPT will be a stable digital asset that is pegged 1:1 to the British Pound Sterling.

The KuCoin crypto exchange has announced its crypto wallet platform, which is decentralised and self-custodial in nature. The new platform has been made live on the web browser, with its mobile app yet to be launched. The wallet’s self-custodial feature audited by Hacken allows users to access full control of their assets, since they manage their...

Goldman Sachs has issued its first loan, collaterised by Bitcoin. The details of the borrower involved in this transaction remains undisclosed. A Bitcoin-backed loan allows the asset holder to borrow fiat currency like Rupees or Dollars against their Bitcoin holdings. The bank had begun researching on Bitcoin-backed loans around December last year.

Australian online share trading platform SelfWealth is set to offer crypto-related services to its base of over 100,000 users. The company is currently waiting for approvals from Australian financial watchdog AUSTRAC. In its initial phase, SelfWealth will allow users to trade in five cryptocurrencies.

Jared Polis, the governor of Colorado has revealed plans of enabling tax payments in cryptocurrencies, starting this summer. The crypto assets will not be held by the US state, but will be converted into Dollars via an undisclosed intermediary.

The Enforcement Directorate has written to the Election Commission claiming that a money laundering investigation has found that the ruling CPI(M) in Kerala has about 80 "undisclosed" bank accounts and about 100 unreported immovable assets in the Thr

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.

The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.

KuCoin, the Seychelles-based crypto exchange, has decided to not freeze the assets of this user whose name remains undisclosed, unless a law enforcement agency sends over a legal notice instructing the exchange to do so. In its justification for delaying the blocking of assets linked to this scammer, KuCoin has said it will follow the laws of Seych...

The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.

Genesis has filed for bankruptcy in the Southern District of New York. The company has liabilities and assets, both in an undisclosed range between $1 billion (roughly Rs. 8,120 crore) to $10 billion (roughly Rs. 81,200 crore). As part of its next line of action, Genesis aims to raise capital by launching a marketing and sale process to monetise i...

Binance signed a non-binding agreement to acquire rival crypto firm FTX on Tuesday, and the announcement capped a series of back-and-forth salvos between the CEOs of both firms. Earlier on Tuesday, FTX's CEO had assured investors that the firm's assets were in order. Here's how Binance's plan to buy its rival unfolded in a matter of days.

Bitcoin ATMs manufactured by General Bytes were recently breached by hackers who managed to get away with an undisclosed amount of funds. As per the company, the attack was identified three days after it publicly announced a ‘Help Ukraine’ feature on its ATMs. An investigation has been launched into the case and meanwhile, the company has asked...

CryptoCom has bagged approvals to operate as a virtual assets service provider in South Korea. The development comes after CryptoCom also acquired two South Korean firms, payment service provider PnLink and virtual asset provider OK-Bit, for an undisclosed amount of capital.

CoinShares has officially purchased French fintech firm — Napolean Asset Management — for an undisclosed amount. The completion of this acquisition comes after France’s top financial regulator, the Autorité des Marchés Financiers, granted all necessary approvals. CoinShares will now provide services around Exchange-Traded Products (ETPs) an...

Tether’s UK-focussed stablecoin initiative ‘GBPT’ will be releasing in July. This project will be based on the Ethereum blockchain during its initial roll-out. GBPT will be a stable digital asset that is pegged 1:1 to the British Pound Sterling.

The KuCoin crypto exchange has announced its crypto wallet platform, which is decentralised and self-custodial in nature. The new platform has been made live on the web browser, with its mobile app yet to be launched. The wallet’s self-custodial feature audited by Hacken allows users to access full control of their assets, since they manage their...

Goldman Sachs has issued its first loan, collaterised by Bitcoin. The details of the borrower involved in this transaction remains undisclosed. A Bitcoin-backed loan allows the asset holder to borrow fiat currency like Rupees or Dollars against their Bitcoin holdings. The bank had begun researching on Bitcoin-backed loans around December last year.

Australian online share trading platform SelfWealth is set to offer crypto-related services to its base of over 100,000 users. The company is currently waiting for approvals from Australian financial watchdog AUSTRAC. In its initial phase, SelfWealth will allow users to trade in five cryptocurrencies.

Jared Polis, the governor of Colorado has revealed plans of enabling tax payments in cryptocurrencies, starting this summer. The crypto assets will not be held by the US state, but will be converted into Dollars via an undisclosed intermediary.