Newsisland
Crypto asset service providers (CASPs) have long served as the backbone of the virtual digital asset ecosystem. They operate as marketplaces where users buy, sell, and trade crypto assets. But a recent paper by the Bank for International Settlements (BIS) argues that the world’s largest CASPs have evolved well beyond…
New Delhi, 6 April 2026 India’s relationship with crypto assets has never been simple, but what is happening inside Parliament right now tells a story that goes well beyond the usual back-and-forth about bans and permissions. The sessions running through 2025 and into early 2026 have taken a markedly different…
FATF warns offshore crypto platforms evade rules, risking money laundering & terrorist financing. Regulators push for global oversight and compliance Globally, the virtual digital asset (VDA) space is emerging as one of the fastest-growing and most innovative sectors. Yet, it continues to face persistent challenges, including lack of regulatory clarity,…
March 21, 2026 By 2026, the global regulation of crypto assets has moved decisively beyond its experimental phase. What began as a fragmented policy debate over whether and how to regulate digital assets has now evolved into a more settled consensus: crypto is a permanent feature of the financial system.…
When generative AI first seized public attention, crypto’s response was shallow and predictable: a flood of speculative “AI tokens” chasing narrative momentum rather than utility. By early 2026, that phase has begun to fade. What is replacing it is more serious and more interesting. The real intersection of AI and…
Offshore exchanges gain ground as domestic platforms and tax revenues face growing pressure New Delhi: The Government of India, answering a Lok Sabha query in December 2025, formally admitted for the first time that some offshore crypto exchanges catering to Indian users were not adhering to TDS provisions under the…
Asia and Oceania Move Toward Pragmatic Crypto Oversight with Licensing and Compliance Measures New Delhi: Across Asia and Oceania, the conversation around crypto has moved from whether it should exist to how it should operate within the financial system. Regulators are now focusing on managing digital assets safely while fostering…
Adoption of OECD CARF Framework Seen as Crucial for Global Alignment New Delhi: With Budget 2026 approaching, policymakers are increasingly recognizing the need to revisit India’s VDA taxation model. Although the 30% tax and 1% TDS were introduced to enhance oversight and restrict excessive trading, they have inadvertently driven traders…
FIU enforcement and URL blocking fail to curb offshore exchanges’ access for Indian users New Delhi: The government’s twin-pillar crypto tax model—30% on gains and 1% TDS on transactions—is facing cracks as offshore trading grows. Without TDS collection, India loses both visibility and vital revenue. Since December 2023, the Financial…
A sovereign Travel Rule rail would protect user data, lower costs, and ensure fair compliance for all Indian crypto firms. New Delhi: The popularity of cryptocurrency in India is undeniable, but it brings growing exposure to scams and sanction-related risks. To tackle this, the Travel Rule ensures vital identity details…
