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Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty


Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner,...

BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals


Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...

Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen


Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement...

India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index


India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations....

India’s FIU Considers Approving More Offshore Crypto Exchanges


India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with anti-money laundering regulations, including transaction...

Turkey Seeks to Join BRICS to Strengthen Global Influence


Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity...

Report: Central Bank Gold Demand Surges in July Amid Rising Prices


Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven...

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