Japan’s Financial Services Agency (FSA) is preparing to update its cryptocurrency regulations. The agency is drafting a proposal to classify digital assets as “financial products” under the Financial Instruments and Exchange Act, as reported by the Asahi Shimbun. If implemented, the plan would subject cryptocurrencies to more stringent legal and compliance frameworks, which would affect financial[…]
The Madras High Court has declared that cryptocurrencies are “property” under Indian law, giving their holders the same legal protections as those of owners of material or monetary goods. Local media has reported that the judgment, delivered by Justice N. Anand Venkatesh in Rhutikumari v. Zanmai Labs Pvt. Ltd and Ors., marks the first time[…]
India is moving closer to introducing a central bank-backed digital currency (CBDC), designed to simplify transactions, reduce paper use, and offer faster, traceable payments built on blockchain technology According to several media reports, Piyush Goyal, the minister of commerce, has announced that India will soon introduce a digital currency that is insured by the Reserve[…]
Bitcoin fell 8.4 percent to $104,782 following heightened tensions in the US-China trade conflict. The decline came after US President Donald Trump announced a 100 percent tariff on Chinese tech exports and new export restrictions on key software. The announcement triggered a sharp reaction across global financial markets, leading to significant losses in cryptocurrency value.[…]
North Korean hackers have stolen more than $2 billion worth of cryptocurrency so far in 2025, their most profitable year on record, according to a new report by blockchain analytics firm Elliptic. The thefts, which researchers say now make up around 13 percent of North Korea’s total gross domestic product (GDP), highlight a growing shift[…]
Cryptocurrency is a part of digital finance, used in transactions and institutional investments. A report by ApeX Protocol lists Singapore and the United Arab Emirates (UAE) as the leading countries in cryptocurrency activity. The data reflects adoption levels and the role of digital assets in their financial systems and societies. Singapore tops the list With[…]
US President Donald Trump-backed World Liberty Financial (WLFI) has announced plans to roll out a debit card that integrates with Apple Pay. The move is aimed at facilitating seamless retail transactions for USD1, the decentralised finance (DeFi) project’s native stablecoin. Additionally, it will also expand the project’s reach into mainstream payment solutions. The announcement was[…]
Standard Chartered’s venture capital arm, SC Ventures, is reportedly preparing to launch a $250 million digital asset investment fund in 2026. According to a report by Bloomberg, the fund will focus on digital assets within the financial services industry. SC Ventures Operating Partner Gautam Jain confirmed that the fund will be backed by Middle Eastern[…]
India ranks first in cryptocurrency adoption for 2025, according to the sixth Chainalysis Global Crypto Adoption Index. The United States comes in second, indicating a rise in activity in both nations. The research shows, market trends are being influenced by institutional investment and grassroots usage. India leads in all measured categories, including retail and institutional[…]
Thailand’s tourism sector has faced challenges in recent years due to a sharp decline in Chinese visitors and a sluggish global recovery in travel. In response, the government is launching TouristDigiPay on 18 August 2025, a programme that enables foreign tourists to convert cryptocurrency into Thai Baht for local spending. The initiative aims to revitalise tourism[…]
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India’s cryptocurrency market has expanded rapidly, leading to increased attention from tax authorities. The Income Tax Department has issued over 44,000 notices to individuals who failed to report Virtual Digital Asset (VDA) transactions in their income tax returns. This forms part of a broader initiative to ensure compliance and bring crypto-related earnings within the tax[…]