India cryptocurrencies legal recognition 2025 India officially recognizes cryptocurrencies as legal property assets, allowing them to be treated like other assets under property laws, as announced on November 8, 2025. This move clarifies crypto’s status amid ongoing tax and regulatory discussions (Altcoin Buzz). Market reaction included a 2% rise in Bitcoin’s price to ₹93.28 lakh…
UNIfication proposal seeks fee switch and 100M UNI burn What happened: Uniswap Labs and the Uniswap Foundation launched the proposal to activate the protocol fee switch and burn 100 million UNI from the treasury. (gov.uniswap.org) Immediate reaction: UNI rose about 38% in 24 hours and 24‑hour trading volume jumped to roughly $3.6 billion as markets…
Crypto Platforms notices from FIU-IND target PMLA violations FIU-IND issued notices to 25 offshore cryptocurrency platforms on November 7, 2025, for violations under the Prevention of Money Laundering Act (PMLA) (livemint.com). Many of these platforms operate without registration, exposing users to money laundering risks. Crypto investors and exchanges noted increased scrutiny, with some platforms facing…
India Crypto Ban Bill: Massive Sell-Off Underway The upcoming Winter Session (scheduled from November 29 to December 23) has listed a crucial piece of legislation: the India Crypto Ban Bill. This proposed law aims to ban most private cryptocurrencies, with exceptions only for select tokens necessary to promote the underlying blockchain technology and its uses….
The Bitcoin price registered its first October monthly decline since 2018, falling approximately 3.6% to close the month near the $110,000 mark. This correction ended the largest digital asset’s seven-year ‘Uptober’ streak of gains. The immediate market reaction included increased volatility, fuelled by persistent macro uncertainty, including delayed US Federal Reserve rate cuts. Historically, November…
WazirX is set to resume trading on October 24, 2025, following a Singapore High Court-approved restructuring after the massive $234 million hack in July 2024. To incentivize users, the platform will offer 0% trading fees under a ‘Restart Offer’ across selected crypto-to-crypto pairs and the vital USDT/INR pair. The relaunch, which ends a 16-month suspension,…
