The UK’s HM Revenue and Customs will introduce a “no gain, no loss” tax treatment for certain crypto lending and liquidity pool transactions from April 6, 2027. The measure defers capital gains tax until a participant makes an economic disposal of their digital assets. Expected to affect around 700,000 taxpayers and trustees, the policy aims to better align cryp...
Bloomberg Editor-in-Chief John Micklethwait said the agency was disappointed by the ruling "but we will of course respect it".
The police have so far managed to freeze approximately Rs 2 crore, but the remaining money was allegedly moved, withdrawn, converted or used for other payments before investigators could stop it.
Das, who had proposed building an 81-foot statue of Lord Ram at the Sri Sri Radha Gobinda Kali Temple in Palashbari in Gaibandha, has been arrested in a money laundering case involving suspicious financial transactions worth Tk9.35 crore.
The agency had raided five locations in Delhi-NCR in connection with the case.
Stablecoin transaction volume climbed to a record $1.79 trillion in June, surpassing the previous monthly high set in February, according to Visa’s Allium-powered analytics dashboard. The surge came despite the ongoing crypto bear market and reflected growing adoption of stablecoins for payments and cross-border transfers. USDC accounted for the largest share of tra...
The techie funnelled over Rs 1.5 crore of his savings into the business, with every transaction fully documented through bank transfers.
Apple has resumed support for credit and debit card payments for App Store and iCloud transactions in India. The move marks a return of the payment methods in the country after nearly five years. The Cupertino-based tech giant had removed support for card payments in 2021 after the Reserve Bank of India's (RBI) card tokenisation mandate came into effect. Since then, U...
India's digital public infrastructure, anchored in Aadhaar for identity, UPI for payments, and more recently the Open Network for Digital Commerce (ONDC) for digital transactions, has become one of the most closely studied government-built technology stacks in the world
An FIR was registered on June 25 after the SIT submitted the preliminary report on June 23, and eight accused were arrested
Prosecutors also said Rinsch spent part of the money on a lavish lifestyle, including luxury purchases, instead of finishing the series.
At the Bank of Baroda, there are no cash transactions involved, nor does the Bank employees play any role in the Trust's operations or counting of cash. The SBI outsources its cashiers.
According to the government, UPI-linked systems have already been adopted in nine countries, with more expected to join in the coming years.
Thailand's new 'Pay Like a Local' campaign lets travellers from nine Asian countries pay across the country using their own banking apps.
Entrepreneur praises Bengaluru's startup culture and weather while warning about loneliness and traffic.
Financial infrastructure company OpenPayd has received authorisation under the European Union’s Markets in Crypto-Assets Regulation, allowing it to operate as a crypto asset service provider across the European Economic Area through passporting. The licence, granted by Malta’s financial regulator, comes just days before the bloc’s MiCA transition deadline. The a...
The operation was carried out under the Foreign Exchange Management Act (FEMA) over suspected breaches of foreign exchange regulations involving the company and its promoters.
West Bengal Police have sought transaction statements for the past five years from a Kolkata-based bank for three accounts belonging to the Trinamool Congress.
According to her, that committee had handled much of its money in cash rather than through recorded channels, and this had continued for months
India and Israel advance defence ties with a new special strategic partnership framework.
The US Treasury has issued a temporary general licence allowing transactions involving Iranian crude oil, petroleum products and petrochemicals.
Secret Network has suffered a $4.67 million exploit after attackers abused an infinite mint vulnerability in a smart contract linked to Axelar-wrapped assets. The flaw allowed the creation of unbacked tokens, which were later redeemed for genuine assets held in escrow. The incident went undetected for nearly a week before being discovered following a failed cross-chai...
The police stated that the accused "posed as an Additional District Magistrate and preyed on trust," deceiving victims by projecting himself as a senior government officer with close links to top officials.
Amazon announced that the 10th edition of Prime Day in India will take place from July 4 through July 6, 2026. The sale will bring discounts on all product categories, and there will be new launches. This is the 10th edition of Amazon Prime Day, and the company is giving membership discounts. Prime members will get an additional 10 percent instant discount when making...
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