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AAP MP Raghav Chadha Urges Centre To Legalise Virtual Digital Assets
MP Raghav Chadha today said India taxes Virtual Digital Assets - which include cryptocurrencies, stablecoins, and tokenised assets - like they are legal but regulates them like they are illegal, urging the government to bring in rules to protect them
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Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
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Dubai’s VARA Fines 19 Crypto Firms for Unlicensed Operations
Dubai’s Virtual Assets Regulatory Authority (VARA) has fined 19 digital asset firms for operating without licences and breaching marketing regulations. Fines ranged from AED 100,000 to AED 600,000, with cease-and-desist orders issued. The action comes amid broader VARA policy upgrades, including enhanced risk oversight, client verification, and c...
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Ukraine’s Parliament Backs Draft Law to Legalise, Tax Crypto and Virtual Assets
Ukraine’s parliament has approved the first reading of a crypto legalisation bill that introduces an 18 percent tax on digital asset profits. Lawmakers believe the framework could help recover up to $10 billion (roughly Rs. 88,000 crore) lost to crypto crime while aligning with EU rules. The move signals Ukraine’s intent to integrate crypto int...
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Crypto Or Virtual Assets Not Regulated In India: Minister Pankaj Chaudhary
The question of the legality or illegality of specific crypto platforms does not arise as of date as crypto or virtual assets are not regulated in India, Minister of State for Finance Pankaj Chaudhary told Parliament on Monday.
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Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
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Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
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Tamil Nadu DGP Unveils ‘Handbook for Investigations into Virtual Digital Assets’: All Details
Tamil Nadu’s Director General of Police, Shankar Jiwal, has unveiled a guide for police officials on how to investigate crypto-related crimes. The handbook contains industry insights on crypto crimes like money laundering, ponzi schemes, and cyber fraud. It also covers key legal provisions around crypto and Web3.
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GainBitcoin Scam: CBI Seizes Cryptocurrencies Worth Rs. 23.94 Crore
The Central Bureau of Investigation (CBI) said it seized significant incriminating evidence and virtual digital assets, unravelling the extent of the cryptocurrency fraud following nationwide searches conducted on February 25-26 in connection with the GainBitcoin scam cases.
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Tether Inks MoU With Republic of Guinea to Boost Blockchain Adoption
In an announcement released on February 17, Tether said it will work with Guinea to ensure that its engagement with blockchain and virtual digital assets (VDAs) is facilitated safely. A key area of focus for Guinea’s partnership with Tether will be on growing blockchain expertise in the country.
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AAP MP Raghav Chadha Urges Centre To Legalise Virtual Digital Assets
MP Raghav Chadha today said India taxes Virtual Digital Assets - which include cryptocurrencies, stablecoins, and tokenised assets - like they are legal but regulates them like they are illegal, urging the government to bring in rules to protect them
-
Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
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Dubai’s VARA Fines 19 Crypto Firms for Unlicensed Operations
Dubai’s Virtual Assets Regulatory Authority (VARA) has fined 19 digital asset firms for operating without licences and breaching marketing regulations. Fines ranged from AED 100,000 to AED 600,000, with cease-and-desist orders issued. The action comes amid broader VARA policy upgrades, including enhanced risk oversight, client verification, and c...
-
Ukraine’s Parliament Backs Draft Law to Legalise, Tax Crypto and Virtual Assets
Ukraine’s parliament has approved the first reading of a crypto legalisation bill that introduces an 18 percent tax on digital asset profits. Lawmakers believe the framework could help recover up to $10 billion (roughly Rs. 88,000 crore) lost to crypto crime while aligning with EU rules. The move signals Ukraine’s intent to integrate crypto int...
-
Crypto Or Virtual Assets Not Regulated In India: Minister Pankaj Chaudhary
The question of the legality or illegality of specific crypto platforms does not arise as of date as crypto or virtual assets are not regulated in India, Minister of State for Finance Pankaj Chaudhary told Parliament on Monday.
-
Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Tamil Nadu DGP Unveils ‘Handbook for Investigations into Virtual Digital Assets’: All Details
Tamil Nadu’s Director General of Police, Shankar Jiwal, has unveiled a guide for police officials on how to investigate crypto-related crimes. The handbook contains industry insights on crypto crimes like money laundering, ponzi schemes, and cyber fraud. It also covers key legal provisions around crypto and Web3.
-
GainBitcoin Scam: CBI Seizes Cryptocurrencies Worth Rs. 23.94 Crore
The Central Bureau of Investigation (CBI) said it seized significant incriminating evidence and virtual digital assets, unravelling the extent of the cryptocurrency fraud following nationwide searches conducted on February 25-26 in connection with the GainBitcoin scam cases.
-
Tether Inks MoU With Republic of Guinea to Boost Blockchain Adoption
In an announcement released on February 17, Tether said it will work with Guinea to ensure that its engagement with blockchain and virtual digital assets (VDAs) is facilitated safely. A key area of focus for Guinea’s partnership with Tether will be on growing blockchain expertise in the country.
