Virtual Digital Assets

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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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  Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details

  The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.

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  South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

  South Korea's FSC shared a document that states that around 3,500 listed companies and corporations have registered as professional investors under the Capital Market Act. As part of the roadmap, select institutional investors will be permitted to open real name trading accounts for VDA participation.

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  Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance

  While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless. 

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  EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details

  The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.

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  India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets

  This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.

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  Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why

  Dubai is now identifying illegal crypto entities operating within its region. VARA released a statement on the situation this week, claiming that this move is aimed at strengthening its enforcement programme against law evaders. The authority, however, has not disclosed the names of the entities in question. 

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  Dubai's VARA Announces Stricter Regulations for Crypto Marketing

  Dubai’s Virtual Asset Regulatory Authority (VARA) has announced that marketing content related to digital assets should carry a disclaimer notifying people that engaging with digital assets could be financially risky.

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  IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice

  As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).

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  "Operating Illegally": Centre Issues Notices To 9 Offshore Crypto Platforms

  As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs).

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  Probe Agency Seizes Rs 1,144 Crore In Crypto Fraud Cases, WazirX Gets Notice

  The Enforcement Directorate (ED) has seized proceeds of crime amounting to Rs 1,144 crore and arrested 20 people in cases related to frauds in cryptocurrency or virtual digital assets, Minister of State for Finance Pankaj Chaudhary said on Monday.

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  German Intelligence Unit BND to Use Dog-Themed NFTs to Fish for Cyber Talent: Details

  Germany’s intelligence unit BND has decided to find cyber talent by enticing people to participate in a virtual, blockchain-based treasure hunt. Unlike usual NFT collections, the collectibles from ‘Dogs of BND’ will not be up for sale on any NFT marketplace. Instead, these NFTs will only serve as collectibles, acquired by finding a character ...

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  New York Woman Discovers Husband Hid $500,000 In Bitcoin During Divorce Proceedings

  Divorce attorneys said it is becoming common for people to hide crypto from their partners.