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		<title>Bitcoin Price more than USD 1,09,000, Ether Register 3 Percent Gain</title>
		<link>https://fastnewsglobe.com/bitcoin-price-more-than-usd-109000-ether-register-3-percent-gain/</link>
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		<pubDate>Wed, 11 Jun 2025 10:26:01 +0000</pubDate>
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					<description><![CDATA[After the volatility of the last few days, there was a recovery in the Crypto...]]></description>
										<content:encoded><![CDATA[<p></p>
<div>After the volatility of the last few days, there was a recovery in the Crypto Market on Wednesday. The largest cryptocurrency bitcoin has crossed a level of 1,10,000 in terms of market value. However, there has been some decline after this. Apart from this, many other cryptocurrency prices have increased. </p>
<p>International Crypto Exchange after this report is published<a class="sp_lnk2" href="https://www.binance.com/en-IN" rel="nofollow noopener" target="_blank"> Binance</a> But the price of bitcoin was around $ 1,09,260. The second largest cryptocurrency Ether raised about 2.50 percent. The Ether&#8217;s price was trading at $ 2,760. Apart from this, the price of avalanche, cardano, steellar, litecoin, solana, BNB, monero, XRP and Cronos has increased. In the last one day, Crypto&#8217;s market capitalization rose by about 0.80 percent to nearly $ 3.44 million. </p>
<p>Market Analysts say that it may be accelerated after bitcoin breaks 1,10,500 dollars. In this most popular cryptocurrency, the trust of retail and institutional investors has increased again. Institutional investors are increasing interest in the Ether. The funds have not been withdrawn in more than 20 consecutive trading days in the Ishares Ethereum Trust of Blackrock. This is indicating increasing demand from institutional investors. Trade framework has been agreed after two days of talks between the US and China parties. This can have a positive impact on the crypto market. </p>
<p>US President Donald Trump has decided to place a big bet on the Crypto segment. Trump&#8217;s social media company Trump Media and Technology Group plans to invest about $ 2.5 billion (about Rs 21,416 crore) in Bitcoin. Recently, Trump also signed an order to create a strategic reserve of bitcoin in the US. In the executive order on which Trump has signed, it has been clarified that the amount of taxpayers will not be used to buy bitcoin. Trump Media and Technology Group has reported that about $ 1.5 billion shares and one billion $ one billion convertible notes will be sold for this purchase of bitcoin. These bitcoins will be placed in the balance sheet of Trump Media with cash and short-term investment of about $ 75.9 crore. <br /> <!--

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		<title>Bitcoin Price Near to UsD 1,06,000, Ether Drops 1 Percent</title>
		<link>https://fastnewsglobe.com/bitcoin-price-near-to-usd-106000-ether-drops-1-percent/</link>
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		<pubDate>Mon, 09 Jun 2025 10:58:21 +0000</pubDate>
				<category><![CDATA[Tech News]]></category>
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					<description><![CDATA[The increase in dispute between President Donald Trump and Billionaire Elon Musk in the US...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The increase in dispute between President Donald Trump and Billionaire Elon Musk in the US is affecting the crypto market. The biggest cryptocurrency Bitcoin, the largest cryptocurrency in terms of market value, was more than 0.50 percent on Monday. Apart from this, the price of some other cryptocurrency has also increased. </p>
<p>International Crypto Exchange after this report is published<a class="sp_lnk2" href="https://www.binance.com/en-IN" rel="nofollow noopener" target="_blank"> Binance</a> But the price of bitcoin was around $ 1,05,920. The second largest cryptocurrency Ether had a decline of about one percent. The Ether&#8217;s price was trading at $ 2,490. In addition, Solana and BNB and XRP had profit. The declining cryptocurrency included Tether, Monero, Tron and Polygon. In the last one day, Crypto&#8217;s market capitalization rose by about 0.10 percent to about $ 3.30 million. </p>
<p>Market Analysts say that it will have to be seen whether Bitcoin retains the major levels and or not it reappears. A report of jobs is to come in the US and this may give some indications about macro economy. Interest in Ether is increasing. Spot Ether ETFS has been inflated for four consecutive weeks. This week, support levels for bitcoin will have to be seen. If bitcoin retains these levels, its price may increase again. The controversy between Trump and Musk in the US has also shocked the Crypto Market. </p>
<p>With this controversy, there has been a negative impact on the sentiment of investors. Trump gave Mask important responsibility in his government after taking over as president in the US. Recently Musk had opted out of the government. Since then, the dispute between Trump and Musk has increased. Trump&#8217;s tax -related policy was condemned by Musk. Since then, this dispute had increased considerably. Recently, Trump&#8217;s social media company Trump Media and Technology Group decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. Bitcoin is supported at a price of more than one million dollars. If it breaks this support, then the price of bitcoin may fall to $ 97,000.  </p>
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		<title>Bitcoin Price more than USD 1,05,000, Ether Gains 1 Percent</title>
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		<pubDate>Wed, 04 Jun 2025 09:53:36 +0000</pubDate>
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					<description><![CDATA[After the volatility of the last few days, the crypto market was on Wednesday. The...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">After the volatility of the last few days, the crypto market was on Wednesday. The price of the most popular cryptocurrency Bitcoin has increased by about 0.20 percent. Apart from this, there was also profit in some other cryptocurrency. Institutional investors are increasing interest in this market. </p>
<p>International Crypto Exchange after this report is published <a class="sp_lnk2" href="https://www.binance.com/en" rel="nofollow noopener" target="_blank">Binance </a>But the price of bitcoin was around $ 1,05,330. The second largest cryptocurrency Ether was nearly 1.15 percent. Ether&#8217;s price was trading at $ 2,634. Apart from this, the price of Chaninlink, Tether, Ripple, Cardano, LiteCoin and BNB has also increased. In the last one day, Crypto&#8217;s market capitalization rose by about 0,47 percent to about 3.32 lakh crore dollars. </p>
<p>Market analysts say that retaining the level of more than one million dollars of bitcoin is indicating strength in the market. Bitcoin holds more than 63 percent in Crypto Market. Russia has given its investors an opportunity to put funds in digital assets through regulated financial products by presenting structured bonds associated with the performance of bitcoin. Along with this, the increase in interest of institutional investors is estimated to be strengthened in the long term for the Crypto Market. Consolidation is taking place in the Ether and is trading in a range. It can go up to $ 3,000 if there is a breakout with more volume in Ether with more volume. </p>
<p>American President Donald Trump has decided to place a big bet on bitcoin. Trump&#8217;s social media company Trump Media and Technology Group has decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. Trump Media and Technology Group has reported that about $ 1.5 billion shares and one billion $ one billion convertible notes will be sold for this purchase of bitcoin. This bitcoin will be placed in the balance sheet of Trump Media with a cash and short-term investment of about $ 75.9 crore. Crypto.com and anchorage will provide digital custody for this bitcoin holding. Earlier, Trump also signed an order to create a strategic reserve of bitcoin in the US. In the executive order on which Trump has signed, it is clear that the amount of taxpayers will not be used to buy this most popular cryptocurrency. <!--

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		<title>Crypto Market in Green, Bitcoin Price more than USD 1,05,000, Solana, BNB Register Gain</title>
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		<pubDate>Mon, 02 Jun 2025 09:25:52 +0000</pubDate>
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					<description><![CDATA[The Crypto market had a minor recovery on Monday. The biggest cryptocurrency Bitcoin was more...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The Crypto market had a minor recovery on Monday. The biggest cryptocurrency Bitcoin was more than one percent in terms of market value. However, the sentiment of investors regarding bitcoin is positive. Apart from this, the price of many other cryptocurrency has also increased. </p>
<p>International Crypto Exchange after this report is published<a class="sp_lnk2" href="https://www.binance.com/en" rel="nofollow noopener" target="_blank"> Binance </a>But bitcoin was at some more than $ 1,05,450. The second largest cryptocurrency Ether had a loss of about 0.30 percent. Ether&#8217;s price was trading at $ 2,500. Rapid cryptocurrency included Solana and BNB. In the last one day, Crypto&#8217;s market capitalization rose by about one percent to about $ 3.29 lakh crore. </p>
<p>Market Analysts say that there has been more than $ 60 million liquidations on the weekend by going below the price of bitcoin below 1,04,000. This is the best selling in it since February. However, it has been supported by increasing purchases from institutional investors near the $ 1,03,000 level and recovered in the price of bitcoin. Voltyness on weekends has increased in Crypto Market due to increasing tariffs of American President Donald Trump and increasing liquidations in derivatives market. However, the Ether is strengthening. It may have a breakout due to increasing interest of investors in the Ether. </p>
<p>Trump has decided to place a big bet on the Crypto segment. Trump&#8217;s social media company Trump Media and Technology Group has decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. Recently, Trump also signed an order to create a strategic reserve of bitcoin in the US. In the executive order on which Trump has signed, it has been clarified that the amount of taxpayers will not be used to buy this most popular cryptocurrency. Trump Media and Technology Group has reported that about $ 1.5 billion shares and one billion $ one billion convertible notes will be sold for this purchase of bitcoin. This bitcoin will be placed in the balance sheet of Trump Media with a cash and short-term investment of about $ 75.9 crore. Crypto.com and anchorage will provide digital custody for this bitcoin holding. </p>
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		<title>Crypto Market in Loss, Bitcoin Declines to Less Than UsD 106,000, Eether Down 3 Percent</title>
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		<pubDate>Fri, 30 May 2025 09:55:52 +0000</pubDate>
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					<description><![CDATA[The crypto market was declined on Friday after a boom of the last few days....]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The crypto market was declined on Friday after a boom of the last few days. The largest cryptocurrency bitcoin&#8217;s price has fallen more than two percent in terms of market value. Apart from this, many other cryptocurrencies were also damaged. There has been a possibility of a trade war due to stopping conversation between the US and China. This is affecting the markets. </p>
<p>International Crypto Exchange after this report is published<a class="sp_lnk2" href="https://www.binance.com/en-IN" rel="nofollow noopener" target="_blank"> Binance </a>But the price of bitcoin declined by about 2.80 percent to about $ 1,05,240. The second largest cryptcurrency Ether had a loss of about 3.70 percent. The Ether&#8217;s price was trading at $ 2,622. Another falling cryptocurrency included solana, Elrond, Tether, Ripple, Cardano, Tron, Chainlink and Steller. In the last one day, Crypto&#8217;s market capitalization declined by more than two percent to about 3.36 million million dollars. </p>
<p>Market Analysts say that bitcoin is having consolidation near $ 1,06,000. There has been a possibility of trade war again due to stopping conversation between the US and China about the trade. Apart from this, there is a need to be cautious in short-term in the market due to some weakness in the indicators associated with economy in the US. The US President Donald Trump&#8217;s plan to strengthen the economy has been shocked by stopping a court tariff in the US. Trump&#8217;s social media company Trump Media and Technology Group has decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. </p>
<p>Trump also signed an order to create a strategic reserve of bitcoin in the US in March. In the executive order on which Trump has signed, it is clear that the amount of taxpayers will not be used to buy this most popular cryptocurrency. Trump Media and Technology Group has reported that about $ 1.5 billion shares and one billion $ one billion convertible notes will be sold for this purchase of bitcoin. This bitcoin will be placed in the balance sheet of Trump Media with a cash and short-term investment of about $ 75.9 crore. Crypto.com and anchorage will provide digital custody service for this bitcoin holding. <br /> <!--

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<p class="alsosee">Cryptocurrency prices in Indian exchanges</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">32819</post-id>	</item>
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		<title>Crypto Market in Profit, Bitcoin Price more than USD 1,08,700, Eether Seeing Increases Buying</title>
		<link>https://fastnewsglobe.com/crypto-market-in-profit-bitcoin-price-more-than-usd-108700-eether-seeing-increases-buying/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Wed, 28 May 2025 10:16:25 +0000</pubDate>
				<category><![CDATA[Tech News]]></category>
		<category><![CDATA[america]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[crypto]]></category>
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					<description><![CDATA[After the volatility of the last few days, the crypto market was on Wednesday. The...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">After the volatility of the last few days, the crypto market was on Wednesday. The biggest cryptocurrency in terms of market value was a slight loss in the price of Bitcoin. Apart from this, most of the cryptocurrencies were boom. The decisions associated with the tariff of American President Donald Trump may have an impact on the market. </p>
<p>International Crypto Exchange after this report is published <a class="sp_lnk2" href="https://www.binance.com/en-IN" rel="nofollow noopener" target="_blank">Binance</a> But the price of bitcoin declined by about 0.70 percent to more than $ 1,08,600. The second largest cryptocurrency Ether raised about 0.30 percent. The Ether&#8217;s price was trading at $ 2,632. Another prefit -pructocurrency included avalanche, tether, polkadot and BNB. There was a decline in the price of Solana and XRP. In the last one day, Crypto&#8217;s market capitalization rose by about one percent to about 3.43 million million dollars. </p>
<p>Market analysts say that bitcoin has declined after an attempt to cross the $ 1,11,000 level. However, the arrest is bullish due to increasing purchases in this most popular cryptocurrency. The price of the Ether is running near $ 2,600. This has indicated the trust of investors. However, there is consolidation in the market and traders are waiting for signals from the breakout. In an interesting development, Trump Media has a bitcoin treasury deal of about $ 2.5 billion with Crypto.com and Anchorage. Bitcoin accounts for about 63 percent in the Crypto Market. </p>
<p>Payments are also being accepted in cryptocurrency in some countries. Recently, Bhutan and Dubai have also joined the list of these countries. Earlier this month, Bhutan announced the launch of the crypto payment system. For this, one of the large crypto exchanges has been tie-up with a binance. The objective of this decision of Bhutan is to protect tourists from problems like currency exchange rates and low availability of international cards and provide easy means of payments. Tourism flight tickets going to this neighboring country of India will be able to make payments in Crypto for visiting hotels, tourist destinations and shopping. For this, Bhutan&#8217;s first fully Digital Bank &#8211; DK Bank and Binance have tied up. Payment for government services in Dubai can also be made in crypto. <!--

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        Crypto, Exchange, Solana, Demand, Market, Donald Trump, Investors, Purchase, Bitcoin, ETF, LiteCoin, Binance, Ether, America, Prisis    </div>
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		<post-id xmlns="com-wordpress:feed-additions:1">31919</post-id>	</item>
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		<title>Crypto Market Sees Profit Booking, Price of Bitcoin Down to UsD 1,03,400, Ripple Increases More Than 5 Percent</title>
		<link>https://fastnewsglobe.com/crypto-market-sees-profit-booking-price-of-bitcoin-down-to-usd-103400-ripple-increases-more-than-5-percent/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Tue, 13 May 2025 10:32:26 +0000</pubDate>
				<category><![CDATA[Tech News]]></category>
		<category><![CDATA[america]]></category>
		<category><![CDATA[bhutan]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[bitcoin]]></category>
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					<description><![CDATA[The crypto market was declining on Tuesday after a boom of the last few days....]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The crypto market was declining on Tuesday after a boom of the last few days. The largest cryptocurrency bitcoin&#8217;s price has decreased by more than one percent in terms of market value. Apart from this, many other cryptocurrencies were also damaged. The US dollar has strengthened the index and the trade deal between the US and China has strengthened the equity market. However, profit booking has taken place in the Crypto Market. </p>
<p>International Crypto Exchange after this report is published <a class="sp_lnk2" href="https://www.binance.com/en-IN" rel="nofollow noopener" target="_blank">Binance </a>But the price of bitcoin was reduced by about one percent to about 1,03,452. The second largest cryptocurrency Ether had a loss of about 2.70 percent. Ether&#8217;s price was trading at $ 2,484. Other declining cryptocurrency included Solana, BNB and Cardano. Ripple&#8217;s price rose over five percent to about $ 2.56. </p>
<p>Market experts say this decline is not worrying. The price of bitcoin has been reduced due to profit booking. This week it can again go up to $ 1,05,000. The Consumer Price Index (CPI) data released in the US may affect the market. Institutional demand in the Crypto market remains strong. This year, Institutional Investors have bought more than 1,57,000 bitcoins. It has a major stake of American enterprise software company Microstrategy. This can reduce the supply of bitcoin and increase its price. Increased funding in Bitcoin Spot Exchange Traded Fund (ETFS) has also increased the share of bitcoin in the crypto market. </p>
<p>Payments are also being accepted in cryptocurrency in some countries. Bhutan has also joined the list of these countries. Bhutan has tie-up with a binance, one of the large crypto exchanges. The objective of this decision of Bhutan is to protect tourists from complications such as currency exchange rates and low availability of international cards and provide easy means of payments. In the economy of Bhutan, the income from tourism has a major stake. Tourism flight tickets going to this neighboring country of India will be able to make payments in cryptocurrency for flight tickets, hotels, tourist destinations and shopping. <!--

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<div class="tag_box margin_t20 margin_b20">
        <strong>Also read: </strong><br />
        Crypto, Exchange, Solana, Demand, Market, Bitcoin, Donald Trump, Investors, America, Ether, Bhutan, Ripple, ETF, Inflation, Binance, Prisis    </div>
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		<post-id xmlns="com-wordpress:feed-additions:1">25487</post-id>	</item>
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		<title>Trading in bitcoin in India is refined method of Doing Hawala Business, Says Supreme Court</title>
		<link>https://fastnewsglobe.com/trading-in-bitcoin-in-india-is-refined-method-of-doing-hawala-business-says-supreme-court/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Tue, 06 May 2025 11:08:26 +0000</pubDate>
				<category><![CDATA[Tech News]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[ED]]></category>
		<category><![CDATA[exchange]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Hawala]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[prices]]></category>
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					<description><![CDATA[The segment of cryptocurrency has increased rapidly over the years. Bitcoin&#8217;s share in this market...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The segment of cryptocurrency has increased rapidly over the years. Bitcoin&#8217;s share in this market is more than 50 percent. However, the central government&#8217;s attitude towards cryptocurrency in India has been strict. The Supreme Court has also expressed apprehension about bitcoin. The Supreme Court has described trading in bitcoin as hawala business. Along with this, the court has also reprimanded the central government for not clarifying the situation regarding the regulation of virtual currency. </p>
<p>While hearing the bail plea of ​​Shailesh Babulal Bhatt, who was reportedly arrested for illegal trade of bitcoin, a bench of Justices Surya Kant and An Kotishwar Singh described trading in bitcoin as hawala business. The bench said that during the hearing of a case related to trading in bitcoin about two years ago, it had asked the government to give information about the policy related to the trading of virtual currency but he has not received any answer yet. </p>
<p>Senior Advocate Mukul Rohatgi, appearing for Bhat, said that after rejecting a circular of the Supreme Court&#8217;s Reserve Bank of India (RBI), trading in bitcoins in the country is not illegal and because of this his client&#8217;s arrest is wrong. Justice Surya Kant told Rohatgi that he does not know much about bitcoin personally but the court has told the government that if there is regulatory control about it then there will be no problem. Justice Surya Kant said, &#8220;I only understand that there are some real bitcoins and some forged bitcoins. Trading hawala in bitcoin in the country is like a better deal of business.&#8221; </p>
<p>Rohatgi said that bitcoin has a lot of value and abroad you can go to the car showroom and buy a car from just one bitcoin. He said that the value of bitcoin is about 82 lakh rupees. Rohatgi said that he himself does not understand much about this trade. Additional Solicitor General Aishwarya Bhati, appearing for the Enforcement Directorate (ED) and the Government of Gujarat, said that they want to file a detailed reply to the bail plea as it is not only about trade in bitcoins. The Supreme Court has given a period of 10 days to the state government and ED to give their reply. The next hearing of the case will be held on 19 May. Bhat has claimed that he was arrested by the police last year and he has been in custody since then. <br /> <!--

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        <strong>Also read: </strong><br />
        Crypto, Exchange, Trading, Demand, Market, Bitcoin, ED, Binance, Value, Gujarat, Supreme Court, Government, Law, Hawala, Pries    </div>
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		<post-id xmlns="com-wordpress:feed-additions:1">22436</post-id>	</item>
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		<title>Crypto market in recovery, bitcoin price more than usd 95,700, ether rises 1 percetic</title>
		<link>https://fastnewsglobe.com/crypto-market-in-recovery-bitcoin-price-more-than-usd-95700-ether-rises-1-percetic/</link>
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		<pubDate>Thu, 01 May 2025 10:46:08 +0000</pubDate>
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					<description><![CDATA[There are signs of recovery in the crypto market after volatility for the last few...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">There are signs of recovery in the crypto market after volatility for the last few weeks. The biggest cryptocurrency bitcoin, the largest cryptocurrency in terms of market value, was nearly one percent on Thursday. Funding is increasing in bitcoin spot ETFs.  However, a lot of cryptocurrencies have been recorded in the price. </p>
<p>Crypto Exchange after this report is published <a class="sp_lnk2" href="https://www.binance.com/en" rel="nofollow noopener" target="_blank">Binance</a> But the price of bitcoin was around $ 95,650. The second largest cryptocurrency Ether had a profit of more than 0.80 percent. The Ether&#8217;s price was trading at $ 1,822. Apart from this, Monero, Solana and BNB were accelerated. Deagal cryptocurrency included Cardano, Tron, Chainlink, Ripple, Cronos and XRP. In the last one day, Crypto&#8217;s market capitalization declined by about 0.24 percent to about $ 2.97 lakh crore. </p>
<p>Market analysts say that the short-term in bitcoin may accelerate. The resistance for bitcoin is around $ 96,000 and support is around $ 93,000. The weakening of indicators associated with economy in the US is affecting the crypto market. Recently, the Executive Director of the Council of the Advisors of the President on the Digital Assets of the White House, BO HINES reported that the US government is considering using its gold reserve for holding bitcoin. He had said, &#8220;If we redeem the profit on Gold Reserve, it will be a good way to buy bitcoin.&#8221; Hines also mentioned the Bitcoin Act introduced by Senator Cynthia Lummis. It was suggested to buy about 1 million bitcoins. This will be about five percent of the total supply of bitcoin. </p>
<p>Earlier, Trump signed the order to create a strategic reserve of bitcoin. The Strategic Bitcoin Reserve of the US will include bitcoins seized by the government. For this, new purchases of bitcoin will not be done. In some countries, regulations are being made for this segment. In the last few years, cases of scams associated with crypto have increased rapidly. Scam cases can be controlled by the formation of regulations for this segment. </p>
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		<title>Crypto exchanges to redo kyc verification of their users in India by end of June, fiu gives instructions, bitcoin</title>
		<link>https://fastnewsglobe.com/crypto-exchanges-to-redo-kyc-verification-of-their-users-in-india-by-end-of-june-fiu-gives-instructions-bitcoin/</link>
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		<pubDate>Sun, 27 Apr 2025 14:50:34 +0000</pubDate>
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		<category><![CDATA[crypto]]></category>
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					<description><![CDATA[The segment of cryptocurrency has increased rapidly over the years. The number of cases related...]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The segment of cryptocurrency has increased rapidly over the years. The number of cases related to scam in this market has also increased. To curb this problem, regulations related to crypto are being made in many countries. The Financial Intelligence Unit (FIU) in the country has directed all crypto exchanges to conduct the verification of their users&#8217; No-Aya-Castmer (KYC) data by the end of June. </p>
<p>All crypto exchanges will have to refresh KYC details older than 18 months. A media <a class="sp_lnk2" href="https://economictimes.indiatimes.com/news/economy/policy/redo-kyc-before-june-30-fiu-tells-crypto-exchanges/articleshow/120595094.cms" rel="nofollow noopener" target="_blank">Report </a>Sources have been quoted as saying that many Crypto exchanges and users are ignoring one percent TDS on crypto transactions. FIU has planned to closely monitor Crypto activities. Independent Crypto Advisory Institution, India Web3 Association (BWA) has said that this instruction is a sign of emphasis on regulatory accountability in the virtual digital assets (VDA) segment. BWA has stated in a post on Linkedin, &#8220;FIU has directed all registered VDA exchanges to complete the KYC Compliance by June 30 under the Prevention of Money Laundering Act (PMLA). It involves updating user data and re -verification of older accounts for 18 months.&#8221; </p>
<p>Recently, the International Crypto Exchange Binance informed its users in the country about the process of verification again through email. Binance asked its users to deposit their PAN. Last year, Binance also paid a fine of 22.5 million dollars in the country along with registering with FIU. This exchange had to pay the fine for violating PMLA. After this, access was started on the exchange website for the users of Binance in the country. This was the 19th International License for Binance. It has licenses for business in Sweden, Dubai, Kazakhstan and France. </p>
<p>Binance&#8217;s CEO, Richard Teng said that the exchange is aware of the possibility in the country&#8217;s virtual digital assets (VDA) market. He had told, &#8220;Our registration with FIU is an important achievement in the visit to the exchange. This will allow us to give our services to Indian users.&#8221; <!--

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<p class="alsosee">Cryptocurrency prices in Indian exchanges</p>
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        <strong>Also read: </strong><br />
        Crypto, Exchange, Regulation, Demand, Market, Bitcoin, Transactions, Investors, Government, KYC, Binance, Eether, Penalty, LiteCoin, Pries    </div>
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