India

In its latest YouTube town hall, WazirX co-founder Nischal Shetty unveiled a mutitiered plan focused on helping creditors regain a portion of their funds.

India has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).

Central Bank Digital Currencies can do whatever crypto does... CBDCs even have more benefits than crypto, minus the risks associated with private cryptocurrencies.

Binance and Delhi Police have successfully dismantled a $100,000 scam that duped investors with false claims linked to a fake solar company.

The Bombay High Court granted bail to Simpy Bharadwaj, arrested in a Bitcoin fraud case, due to her gender and motherhood. Critics argue that bail should focus on the crime's severity and evidence, not personal factors, raising concerns about fairness.

Over 1,000 workers at Samsung Electronics' factory in southern India have rejected a wage hike offer from the company, continuing their strike into its second month.

A UN report reveals that criminal networks in Southeast Asia use Telegram for large-scale illicit activities, such as trading hacked data and cybercrime tools. This follows scrutiny of Telegram’s founder, Pavel Durov, over the platform’s role in these activities. Can this popular messaging platform catch a break?

Tens of thousands of Indian nationals are falling victim to fake job offers in Southeast Asia, leading to cyber slavery and substantial financial losses of INR 500 crore ($60 million) between October 2023 and March 2024. Many are trapped in Cambodia, where approximately 5,000 Indians are forced into cyber scams, with the Indian Embassy rescuing over 1,000 citizens since January 2022, including 67 recently saved from Poipet on 22 September 2024.

Over 1,500 workers have gone on strike at Samsung's Chennai factory, demanding higher wages, reduced hours, and job security for families. The strike, supported by the CITU, raises concerns about India's manufacturing initiative.

Binance’s collaboration with Indian authorities to dismantle a $47.6 million gaming scam highlights the exchange’s critical role in combating financial crime. However, despite its successes, Binance continues to face regulatory hurdles globally.