On Saturday, Central Goods and Services Tax (CGST) Mumbai Zone detected massive evasion of around 700 million rupees during the crackdown on cryptocurrency service provider – WazirX. A local media report has confirmed that major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion. According to NTDV, the director-general GST…

The British overseas territory, Gibraltar, that was once perceived as a tax haven, might be making The British overseas territory, Gibraltar, that was once perceived as a tax haven, might be making history soon by becoming the world’s first global hub for cryptocurrency trading. According to The Guardian, the territory is reviewing a proposal to…

Over $7.7 billion was stolen in crypto scams worldwide in 2021, or an 81% rise compared to 2020, the Chainalysis report said. Including rug pulls in the DeFi ecosystem accounted for over $2.8 billion stolen, or 37% of all cryptocurrency scam revenue, compared to 1% the year before. According to a new report by blockchain…