India has launched a Virtual Asset Lab under the Financial Intelligence Unit to track offshore crypto exchanges targeting Indian users without regulatory approval. The initiative uses AI monitoring and blockchain analytics to detect non compliant platforms and strengthen enforcement of crypto regulations.
The report notes that UPI has fully entered the mainstream. In FY25, the network accounted for 83% of India’s digital payment volumes and processed a staggering 185.8 billion transactions. This represents a 41.7% increase year-on-year.
“A specialist taskforce, hell bent on breaking games into the $121bn mobile market,” Ferguson wrote on X (formerly Twitter). “Since April, we’ve already taken three games to the No. 1 rank on mobile stores. Now we want the charts to be dominated by Immutable.”
Prosperr.io builds AI powered tax management infrastructure aimed at simplifying compliance for individuals and enterprises operating across increasingly complex financial and regulatory environments.
India has launched a Virtual Asset Lab under the Financial Intelligence Unit to track offshore crypto exchanges targeting Indian users without regulatory approval. The initiative uses AI monitoring and blockchain analytics to detect non compliant platforms and strengthen enforcement of crypto regulations.
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The company funded the purchase partially through the issuance of STRC, its variable-rate preferred stock, though the majority of capital came from selling common shares.
