The 198-page guidance note explains reporting obligations for crypto service providers under the Income-tax Act, 2025, in line with the OECD's Crypto-Asset Reporting Framework
While analysts broadly agree that AI and crypto are not mutually exclusive themes, views diverge on whether an AI correction could eventually benefit Bitcoin.
Pakistan's crypto regulator has sought an Islamic ruling distinguishing speculative cryptocurrencies from asset-backed digital tokens to support wider adoption
Analysts attributed the decline to a combination of profit booking by large holders, softer risk appetite, concerns over financing risks at Strategy Inc.
Analysts attribute the correction to a combination of macroeconomic uncertainty, tighter liquidity conditions, and a broader risk-off sentiment across global markets
Gracy Chen, CEO, Bitget, in an email interview with Kumar Gaurav, said Bitcoin has historically been highly sensitive to liquidity cycles, noting that periods of volatility are not unusual
Bitcoin climbed nearly 3% in early Asian trading to around $65,400 after the US and Iran signalled a de-escalation of hostilities, boosting risk appetite across global markets
Analysts noted that the scale of the unwind indicates that the downturn was driven not just by spot selling but also by aggressive deleveraging in derivatives markets
Bitcoin Pizza Day commemorates the first real-world Bitcoin transaction, when programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas on May 22, 2010.
The move, they believe, could create a more stable and transparent framework that encourages institutional participation, strengthens investor confidence, and supports innovation
BitDelta has launched India operations after registering with FIU-IND, planning a 100-member team and investing in security and infrastructure amid intense competition
Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022
Analysts believe that steady inflows into Bitcoin-linked investment products signal underlying demand, suggesting corrections may attract long-term capital despite near-term volatility