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Indian cryptocurrency exchange WazirX said its futures trading volume rose 236 per cent between the beginning of July and the end of September, as it expanded derivatives offerings, introduced AI-powered trading tools and stepped up tax-reporting and compliance features. Trading volume at its September peak was about 345 per cent above early-July levels, while the number of daily futures traders was approximately 279 per cent higher toward the end of the quarter, the company said in a statement on Friday. The exchange's July-September expansion included the launch of USDT-denominated perpetual futures with Indian rupee margin, an AI trading assistant, automated margin top-ups and a free cryptocurrency tax-reporting platform. The developments reflect a push to broaden access to derivatives trading while giving users more tools to manage positions and track transactions.' WazirX introduced INR-margined crypto-USDT futures in August, allowing users to trade supported USDT-denominated
A parliamentary panel may recommend to the government how to monitor cryptocurrency transactions and what to do legally with such digital assets, a source aware of the matter said. The Parliamentary Standing Committee on Finance, headed by BJP MP Bhartruhari Mahtab, has examined various aspects of Virtual Digital Assets (VDAs), a legal term for cryptocurrencies and non-fungible tokens (NFTs), for over a year and held more than half a dozen meetings. The panel is currently preparing its report for submission to the Speaker of the Lok Sabha. There is a possibility that the committee may recommend to the government action for monitoring of cryptocurrency transactions and wider consultations on what to do legally with all such digital assets, the source said. The panel is also likely to suggest that the government bring in the latest technology for stricter monitoring of all digital assets. India does not recognise crypto as an asset and has issued no direction to regulate them in the
President Donald Trump had been hearing the message loud and clear for weeks about the sweeping cryptocurrency bill being written in the Senate: to get it across the line, he would have to agree to ethics provisions that apply to him, too. First, Trump agreed to a measure that would bar him and his wife from issuing the types of meme coins that they swiftly launched as he prepared to return to the White House for a second time. And then another concession came late Sunday, when Republicans said Trump consented to a tougher ethics proposal that several key senators had demanded. Now, a pivotal Senate vote on the cryptocurrency bill on Tuesday could mark a watershed moment for the $2.3 trillion market - but it hinges mainly on whether those sign-offs from Trump go far enough. That vote could determine whether Washington cements crypto legitimacy into law or whether a frustrated, deep-pocketed industry could unleash even more campaign cash in the midterm elections. "A vote against the
Reform UK, the anti-immigration party led by Brexit campaigner Nigel Farage, received 72 million pounds (USD 97 million) from two cryptocurrency billionaires this weekend, fuelling concerns about money in British politics. After news broke that Ben Delo, a co-founder of the BitMEX cryptocurrency platform, had given 36 million pounds (USD 48 million) to the party, crypto investor Christopher Harborne on Saturday announced he was matching the donation. Harborne said he was backing Reform UK because he believes its policies will attract the investment Britain needs to bolster the economy and generate the revenue needed to fund healthcare, education and other public services. But established political parties quickly warned that unlimited donations from billionaire businessmen risked corrupting elections. The Liberal Democrats, currently the third-largest party in the House of Commons, called on Prime Minister Andy Burnham to cap donations and protect British democracy. "Nigel Farage .
Financial Intelligence Unit-India (FIU-IND) has issued notice to 15 Virtual Digital Assets Service providers for non-compliance with anti-money laundering law and asked the entities to take down their application/URLs for public access. Virtual Digital Assets Service Providers (VDA SPs) operating in India, whether offshore or onshore, and engaged in activities like exchange of virtual digital assets and fiat currencies, and transfer of virtual digital assets, are required to be registered with FIU-IND as reporting entity and comply with Prevention of Money Laundering Act (PMLA). These obligations are activity-based and are not contingent on physical presence of the entity in India. The finance ministry said as part of compliance action against non-compliant entities, FIU-IND has issued notices to 15 VDA SPs for non-compliance under Section 13 of the PMLA. These entities include Weex International Exchange, BLF Global, Bitunix LLC, DigiFinex Ltd and FinSeven CZ. "The Director, FIU-
Indian cryptocurrency exchange WazirX on Tuesday launched WazirX AI, an artificial-intelligence trading assistant that combines market research, portfolio analysis and trade preparation in a single conversational interface. Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, receive analysis with supporting charts, review their portfolios and approve trades without switching between charts, news feeds and trading screens, according to a company statement. The AI assistant follows an "Ask-Understand-Decide" model, coordinating market-data, technical-analysis, portfolio and order-management functions across multi-step requests. "Crypto markets operate 24/7, but traders should not have to spend their day moving between charts, news feeds and trading screens," said Nischal Shetty, founder, WazirX. "WazirX AI combines market research, portfolio monitoring and trade preparation into one ...
India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding crypto to established portfolios. The median age of Gen Z investors on WazirX is 25, while the generation accounted for 72 per cent of all new investors on the platform in the first half of 2026. Gen Z also made up 32.1 per cent of active traders, the company said. The trend is spreading beyond India's largest cities. Nearly 80 per cent of WazirX's Gen Z users come from outside the country's top 10 cities, highlighting the growing participation of investors from Tier-2 and Tier-3 centres. Mumb