• bitcoinBitcoin (BTC) $ 111,501.00
  • ethereumEthereum (ETH) $ 2,696.36
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.46
  • bnbBNB (BNB) $ 688.41
  • solanaSolana (SOL) $ 183.47
  • usd-coinUSDC (USDC) $ 0.999763
  • dogecoinDogecoin (DOGE) $ 0.249770
  • cardanoCardano (ADA) $ 0.821900
  • tronTRON (TRX) $ 0.273891
  • staked-etherLido Staked Ether (STETH) $ 2,699.31
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,041.00
  • suiSui (SUI) $ 3.89
  • hyperliquidHyperliquid (HYPE) $ 34.89
  • wrapped-stethWrapped stETH (WSTETH) $ 3,221.11
  • chainlinkChainlink (LINK) $ 16.92
  • avalanche-2Avalanche (AVAX) $ 25.54
  • stellarStellar (XLM) $ 0.306457
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • bitcoin-cashBitcoin Cash (BCH) $ 444.95
  • hedera-hashgraphHedera (HBAR) $ 0.207305
  • leo-tokenLEO Token (LEO) $ 8.89
  • the-open-networkToncoin (TON) $ 3.20
  • litecoinLitecoin (LTC) $ 101.36
  • polkadotPolkadot (DOT) $ 5.05
  • wethWETH (WETH) $ 2,689.24
  • moneroMonero (XMR) $ 380.99
  • usdsUSDS (USDS) $ 0.999560
  • pepePepe (PEPE) $ 0.000016
  • wrapped-eethWrapped eETH (WEETH) $ 2,862.47
  • bitget-tokenBitget Token (BGB) $ 5.49
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998764
  • pi-networkPi Network (PI) $ 0.818885
  • ethena-usdeEthena USDe (USDE) $ 0.999671
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,700.00
  • whitebitWhiteBIT Coin (WBT) $ 31.85
  • bittensorBittensor (TAO) $ 469.14
  • uniswapUniswap (UNI) $ 6.62
  • aaveAave (AAVE) $ 260.34
  • nearNEAR Protocol (NEAR) $ 3.12
  • daiDai (DAI) $ 0.999852
  • aptosAptos (APT) $ 5.83
  • jito-staked-solJito Staked SOL (JITOSOL) $ 221.85
  • ondo-financeOndo (ONDO) $ 1.04
  • okbOKB (OKB) $ 53.24
  • kaspaKaspa (KAS) $ 0.118118
  • internet-computerInternet Computer (ICP) $ 5.77
  • ethereum-classicEthereum Classic (ETC) $ 19.92
  • crypto-com-chainCronos (CRO) $ 0.100942
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • official-trumpOfficial Trump (TRUMP) $ 14.47
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.07
  • render-tokenRender (RENDER) $ 5.27
  • gatechain-tokenGate (GT) $ 21.97
  • vechainVeChain (VET) $ 0.030947
  • mantleMantle (MNT) $ 0.767104
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • ethenaEthena (ENA) $ 0.436133
  • cosmosCosmos Hub (ATOM) $ 5.29
  • worldcoin-wldWorldcoin (WLD) $ 1.55
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.887392
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.254864
  • susdssUSDS (SUSDS) $ 1.05
  • usd1-wlfiUSD1 (USD1) $ 0.998669
  • arbitrumArbitrum (ARB) $ 0.438752
  • algorandAlgorand (ALGO) $ 0.244638
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 110,778.00
  • filecoinFilecoin (FIL) $ 3.12
  • fasttokenFasttoken (FTN) $ 4.39
  • celestiaCelestia (TIA) $ 2.91
  • bonkBonk (BONK) $ 0.000024
  • jupiter-exchange-solanaJupiter (JUP) $ 0.615535
  • sonic-3Sonic (prev. FTM) (S) $ 0.535105
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.76
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,710.91
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998676
  • fartcoinFartcoin (FARTCOIN) $ 1.59
  • binance-staked-solBinance Staked SOL (BNSOL) $ 192.26
  • blockstackStacks (STX) $ 1.02
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,806.51
  • kucoin-sharesKuCoin (KCS) $ 11.52
  • optimismOptimism (OP) $ 0.833136
  • injective-protocolInjective (INJ) $ 14.32
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.13
  • immutable-xImmutable (IMX) $ 0.729098
  • dogwifcoindogwifhat (WIF) $ 1.34
  • story-2Story (IP) $ 4.76
  • sei-networkSei (SEI) $ 0.248787
  • nexoNEXO (NEXO) $ 1.29
  • flare-networksFlare (FLR) $ 0.019651
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,053.20
  • the-graphThe Graph (GRT) $ 0.123726
  • eosEOS (EOS) $ 0.770575
  • usdt0USDT0 (USDT0) $ 0.997169
  • xdce-crowd-saleXDC Network (XDC) $ 0.072865
  • makerMaker (MKR) $ 1,800.18
  • curve-dao-tokenCurve DAO (CRV) $ 0.832839
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 111,160.00
  • flokiFLOKI (FLOKI) $ 0.000115
  • raydiumRaydium (RAY) $ 3.50
  • msolMarinade Staked SOL (MSOL) $ 238.78
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,885.81
  • theta-tokenTheta Network (THETA) $ 0.988525
  • galaGALA (GALA) $ 0.021619
  • jasmycoinJasmyCoin (JASMY) $ 0.019541
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 204.41
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014685
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.997825
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 110,490.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999476
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,834.56
  • iotaIOTA (IOTA) $ 0.234604
  • lido-daoLido DAO (LDO) $ 0.989053
  • clbtcclBTC (CLBTC) $ 112,800.00
  • wbnbWrapped BNB (WBNB) $ 688.23
  • coredaoorgCore (CORE) $ 0.851008
  • pyth-networkPyth Network (PYTH) $ 0.147031
  • the-sandboxThe Sandbox (SAND) $ 0.344127
  • spx6900SPX6900 (SPX) $ 0.903763
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999944
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,810.15
  • based-brettBrett (BRETT) $ 0.082248
  • tether-goldTether Gold (XAUT) $ 3,303.92
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.53
  • zcashZcash (ZEC) $ 49.96
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.26
  • pax-goldPAX Gold (PAXG) $ 3,309.11
  • bitcoin-svBitcoin SV (BSV) $ 39.44
  • heliumHelium (HNT) $ 4.24
  • walrus-2Walrus (WAL) $ 0.587877
  • thorchainTHORChain (RUNE) $ 2.17
  • pendlePendle (PENDLE) $ 4.66
  • bittorrentBitTorrent (BTT) $ 0.00000076
  • jito-governance-tokenJito (JTO) $ 2.20
  • kaiaKaia (KAIA) $ 0.123331
  • dexeDeXe (DEXE) $ 12.54
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 110,885.00
  • flowFlow (FLOW) $ 0.441008
  • tezosTezos (XTZ) $ 0.666365
  • grassGrass (GRASS) $ 2.45
  • chain-2Onyxcoin (XCN) $ 0.019921
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999567
  • decentralandDecentraland (MANA) $ 0.348290
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.249749
  • usual-usdUsual USD (USD0) $ 0.997449
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.05
  • ousgOUSG (OUSG) $ 111.15
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,722.16
  • super-oethSuper OETH (SUPEROETH) $ 2,715.60
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • apecoinApeCoin (APE) $ 0.714448
  • aerodrome-financeAerodrome Finance (AERO) $ 0.692779
  • elrond-erd-2MultiversX (EGLD) $ 19.99
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 111,254.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009803
  • aioz-networkAIOZ Network (AIOZ) $ 0.479099
  • mog-coinMog Coin (MOG) $ 0.000001
  • ketKet (KET) $ 0.561020
  • starknetStarknet (STRK) $ 0.181058
  • dydx-chaindYdX (DYDX) $ 0.720779
  • popcatPopcat (POPCAT) $ 0.572905
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,896.14
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999754
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.005532
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,775.08
  • arweaveArweave (AR) $ 8.14
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,689.23
  • axie-infinityAxie Infinity (AXS) $ 3.19
  • kaitoKAITO (KAITO) $ 2.11
  • conflux-tokenConflux (CFX) $ 0.099796
  • movementMovement (MOVE) $ 0.197892
  • wormholeWormhole (W) $ 0.109787
  • tbtctBTC (TBTC) $ 110,242.00
  • neoNEO (NEO) $ 7.11
  • deepDeepBook (DEEP) $ 0.200247
  • eigenlayerEigenlayer (EIGEN) $ 1.66
  • true-usdTrueUSD (TUSD) $ 0.999220
  • pumpbtcpumpBTC (PUMPBTC) $ 109,780.00
  • telcoinTelcoin (TEL) $ 0.005304
  • roninRonin (RON) $ 0.747179
  • kavaKava (KAVA) $ 0.447586
  • ecasheCash (XEC) $ 0.000024
  • morphoMorpho (MORPHO) $ 1.74
  • aethirAethir (ATH) $ 0.051725
  • akash-networkAkash Network (AKT) $ 1.72
  • ether-fiEther.fi (ETHFI) $ 1.43
  • chilizChiliz (CHZ) $ 0.047678
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999705
  • beam-2Beam (BEAM) $ 0.008581
  • beldexBeldex (BDX) $ 0.062701
  • saros-financeSaros (SAROS) $ 0.170571
  • apenftAPENFT (NFT) $ 0.00000045
  • plumePlume (PLUME) $ 0.181478
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,684.94
  • wrapped-hypeWrapped HYPE (WHYPE) $ 35.03
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.10
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 38.41
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004719
  • mantra-daoMANTRA (OM) $ 0.434120
  • turboTurbo (TURBO) $ 0.005977

Intel Agency Suspects Crypto Is Used for Terror Financing and Drugs in India

0 20

Intel Agency Suspects Crypto Is Used for Terror Financing and Drugs in India

Findings from India’s Financial Intelligence Unit (FIU) indicate suspicions that cryptocurrencies are being used for illicit activities, including terrorism financing, cybercrime, narcotics trafficking, and illegal betting.

Prepared during the 2023-2024 financial year, the FIU’s report for virtual digital assets (VDAs) and their service providers (such as crypto exchanges) analyzed numerous suspicious transaction reports (STRs) from the sector.

These findings have been shared with agencies like the Enforcement Directorate (ED), Central Bureau of Investigation (CBI), and the Income-Tax Department, ultimately leading to enforcement actions in certain cases.

The report also mentions shady pump and dump schemes with fake coins, high-volume crypto transactions in illegal forex apps, and attempts to involve individuals suspected of unlawful activities.

India’s Crypto Regulation in the Spotlight

This news breaks during a time where India is crafting a regulatory framework for cryptocurrencies. While not illegal, income from cryptocurrency transactions has been taxed at a flat rate of 30% since 2022.

Therefore, the findings could impact regulations due to the FIU’s report, as suspicions may lead to heightened measures aimed at preventing the misuse of digital assets, not to mention that it may influence public perception and adoption of cryptocurrencies.

The RBI (Reserve Bank of India) has also expressed doubts about private cryptocurrencies, viewing them as a big risk to India’s economic and financial stability.

India’s Ongoing Fight Against Financial Crime

India has historically struggled with challenges related to money laundering and terrorist financing. Last year, the Financial Action Task Force (FATF), an international anti-money laundering watchdog, urged the country to speed up prosecutions in financial fraud cases.

Despite being compliant on most parameters, India was rated as moderately effective in investigating and prosecuting money laundering, with issues like court backlogs slowing down convictions.

Add cryptocurrencies to the mix and it all becomes very complicated, making the challenge of rooting out criminal activities even worse as the pseudonymous nature of digital currencies can hamper the authorities when trying to trace potentially criminal transactions.

It’s not clear how India will respond to the findings of the FIU’s report, but all this highlights the need for robust regulatory frameworks that will balance innovation with the prevention of illicit activities in the crypto industry.

Source

Leave A Reply

Your email address will not be published.