Latest from Amitoj Singh
India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
The government lost $420 million in potential revenue and failed to improve transparency because the tax regime prompted as many as 5 million crypto users to shift transactions offshore, a new study found.

Competition in Digital Markets Hits G7 Nations' Radar
The group agreed to scan for early warning signs of disruption in the distribution of market power.

India's Central Bureau of Investigation Appoints Liminal to Manage Seized Digital Assets
Liminal has already supported the CBI in an operation by assembling a specialized team to safely store seized assets.

Coinbase Adds 4 National Security Experts to Its Global Advisory Council
Coinbase has been embattled in efforts to legitimize crypto in the U.S. and is fighting the U.S. Securities and Exchange Commission (SEC) in an unregistered-securities dispute.

Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.

FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.

Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So
Hashdex's decision to use CME, a regulated exchange, per the SEC's requirement of a surveillance-sharing agreement (SSA), might set it apart from the group.

Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub.

PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
In August, PayPal said it would introduce its own U.S. dollar-pegged stablecoin, PayPal USD.

'Bruno Brock', Founder of Oyster Pearl, Gets 4 Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

