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Kwon, 34, pleaded guilty to conspiracy to defraud and wire fraud. US District Judge Paul Engelmayer delivered the sentence at a New York hearing, calling the case “a fraud of epic generational scale.”
Speaking at IBW, John O’Loghlen, Coinbase’s APAC director, described the reset as intentional rather than reactive. He noted that the company chose to “burn the boats”. It decided to remove all legacy Indian accounts to restart under a structure that aligns fully with domestic oversight.
The government said Maharashtra accounted for ₹293 crore of the FY25 TDS total, followed by Karnataka with ₹133 crore, underscoring the concentration of trading activity in India’s major technology and financial centres.
CoinSwitch said the handbook will be distributed across police stations and cybersecurity units to offer practical clarity on asset tracing, crime typologies, and compliance frameworks.
One of the most notable trends is the broadening scope of investor portfolios. The average Indian investor now holds five tokens instead of the two or three common in 2022, reflecting a shift toward research-driven diversification.
Crafted over four years with contributions from 128 artists across 37 countries, the First Edition traces Bitcoin’s arc from cypherpunk roots to a worldwide technological movement.
This expansion builds on Ripple’s initial MPI approval in 2023 and positions the company among a small group of digital-asset firms operating under a comprehensive, regulator-supervised framework in one of the world’s most established financial centers.
Before the 2021 prohibition on cryptocurrency trading and mining, China was the world’s leading hub for bitcoin mining. Following the crackdown, the country’s share of global activity plunged to zero.
Digital South completed two separate training programs for officers in Tamil Nadu, each focused on the growing challenges around crypto-related crime, financial fraud, and digital investigations.
Bitget’s total reserves rose to $7.83 billion, while Bitcoin holdings increased by 6%, from 28.6K BTC to 30.3K BTC, bucking the industry-wide decline in centralized exchange reserves.
The decision in Rhutikumari v Zanmai Labs & Ors (2025), delivered by Justice N. Anand Venkatesh, held that crypto assets are intangible property, not legal tender, but assets that can be “possessed, enjoyed and held in trust.”
“Digital assets are no longer an outsider’s bet,” a CoinSwitch spokesperson noted. “Gen Z investors are combining traditional savings with crypto portfolios, using it to build financial independence earlier in life.”
Among the exchanges named are some of the industry’s best-known platforms, including Paxful, Poloniex, BitMex, BTCC, CEX.IO, LBank, CoinEx, BingX, PrimeXBT, Remitano, AscendEx, Phemex, Probit Global, Bitrue, BTSE, YouHodler, and Huione.
“By linking Bitcoin’s strength with Ethereum’s flexibility, and eventually with other networks, we are creating a framework where communities can grow together,” he said. “This is how Bitcoin becomes more accessible, more useful, and more impactful for the entire crypto economy.”
The investment was made through PayPal Ventures, the company’s venture capital arm, as part of Stable’s recent $28 million seed round that also included backing from Bitfinex and Hack VC.
With more than 8,000 square meters of raw, flexible space, the venue’s high ceilings, towering pillars, and preserved kettles evoke both historic grit and modern energy—an apt metaphor for Bitcoin’s disruptive ethos. The move reflects not only the surge in ticket sales but also Bitcoin’s expanding role in Europe’s financial and regulatory discourse.
Yet while Bitcoin bulls cheer macro tailwinds, gold has quietly stolen the spotlight. The precious metal just surged to an inflation-adjusted record of $3,683 per ounce, surpassing a high last seen in 1980.
The ApeX Protocol study evaluated seven indicators: cryptocurrency ownership rates, ATMs per capita, local exchanges, “pay with crypto” searches, debit card availability, in-country transaction options, and real estate usability.
Previously, when Pi Network co-founder Dr Nicolas Kokkalis appeared in Consensus Toronto, the buzz was delivered, but not much that the wider public could measure.
El Salvador’s National Bitcoin Office has announced a major restructuring of the country’s Bitcoin reserves, moving coins from a single…
A recent disclosure in Gemini’s IPO filing revealed that Ripple struck a credit agreement with the exchange worth up to $150 million. The arrangement allows Gemini to request loans in increments of at least $5 million, up to $75 million.
The launch comes months after Shopify cut ties with West’s Yeezy brand. The e-commerce giant shut down the Yeezy store in February after West began selling swastika-themed merchandise, calling the stunt “vile” and warning of fraud risks to consumers.
“This is not about replacing traditional finance, but about complementing it with faster, more transparent, and more inclusive tools,” an RBI representative noted.
El Salvador’s legislative assembly has approved a new law enabling large, well-capitalized financial institutions to apply for licenses to offer…
