Indian authorities arrested Darwin Labs co-founder Ayush Varshney at Mumbai airport for his alleged position within the GainBitcoin fraud case Investigators claimed Darwin Labs developed the important expertise, wallets, and tokens used to function the scheme and handle investor funds The fraudulent operation allegedly diverted roughly US$790 million from 8,000Continue Reading
India’s Monetary Intelligence Unit has applied stricter KYC guidelines requiring “reside” selfie exams with motion monitoring to dam AI deepfakes and guarantee customers are actual. Exchanges should now seize geolocation, IP addresses, and timestamps throughout signup whereas verifying financial institution accounts via small check transactions to strengthen AML controls. RegardlessContinue Reading
Coinbase has reopened registrations for customers in India, quietly relaunching by an early-access program in October, two years after scaling again operations on account of regulatory stress. Coinbase goals to reintroduce a rupee on-ramp in 2026, which might enable customers to maneuver native forex straight into the app to buyContinue Reading
The latest Chainalysis Global Adoption Index shows the United States has climbed to second place, while India has held its lead for the third consecutive year, ranking first across all four sub-indexes. The Asia-Pacific (APAC) region has emerged as the fastest-growing hub for crypto adoption, with its total transaction volumeContinue Reading
Eleven police officers and a parliamentarian are among 14 people sentenced to life in prison in India for their 2018 kidnapping and extortion of 34 Bitcoin from a businessman. The kidnappers, led by the local superintendent of police and a member of India’s Legislative Assembly, attempted to extort the businessmanContinue Reading
