The crypto industry in India is growing rapidly, but regulatory disparities remain a major challenge. Crypto exchanges and ...

Australia taxes crypto gains and regulates exchanges, India has a 30% ... This is required under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. You must check customer identities, ...

This marks one of India’s largest crypto-related seizures. Authorities investigated from Feb. 11 to 15, confiscating digital assets, $15,570 in cash, a Lexus SUV, and several devices. The probe was ...

Kraken is preparing to re-enter the Indian market, and appointed Shiprocket co-founder Vishesh Khurana as an advisor to lead ...

has provisionally attached immovable properties worth Rs 24.52 Crore belonging to accused Ajit Kulkarni and others under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the ...

The Enforcement Directorate (ED) has seized its biggest-ever cryptocurrency worth Rs 1,646 crore as part of a "mega" money laundering investigation into a fraud investment scheme where numerous ...

to prosecute AAP leader Satyendar Jain in a money laundering case. The ED arrested Jain in May 2022 over alleged hawala transactions. The prosecution includes charges involving Rs 27.7 crore in ...

As a result, Iranian centralized exchanges (CEXs) recorded a surge in both usage and outflows, “with transaction ... crypto exchanges and sanctioned entities to aid the alleged laundering ...

But while hawala is a boon for many, its informal nature has also made it a headache for regulators trying to combat money laundering ... bring the same level of transparency to crypto ...

In addition, the ATMs are a common tool in laundering money for drug transactions and other illegal activities.” The Sun-Times reported in January that Chicago had become a hub for crypto ATMs.

Obtaining sanction from the home ministry to prosecute public servants under the Prevention of Money Laundering Act (PMLA) has become mandatory after the Supreme Court's directive last year ...