Bybit’s Landmark Tax Implementation in India Bybit, a prominent global cryptocurrency exchange, has made a significant announcement that will profoundly impact its user base in India. Effective July 7, 2025, the platform will begin enforcing an 18% Goods and Services Tax (GST) on all crypto-related fees for users residing in India. This decisive move aligns…
Bybit Implements 18% GST for Indian Users Popular cryptocurrency exchange Bybit has announced that it will begin charging an 18% Goods and Services Tax (GST) to its Indian users, effective from July 7, 2025. This move is in compliance with the Indian Tax System and will apply to nearly all crypto services offered on the…
Massive Seizure Highlights Crypto Crime Crackdown German authorities have taken a major step in combating illicit cryptocurrency activity by seizing servers and assets worth €34 million ($37.4 million) from eXch, a crypto exchange accused of facilitating large-scale money laundering. The platform, now defunct, was reportedly linked to North Korean hacking groups and operated without the required licensing.…
Massive Seizure Ends eXch’s Shadowy Run In a sweeping international cybercrime operation, German authorities have shut down the controversial cryptocurrency platform eXch, seizing over $38 million in digital assets and more than 8 terabytes of data. The action, carried out by the Federal Criminal Police Office (BKA) and Frankfurt’s Public Prosecutor’s Office, marks a major step in investigating a high-profile crypto theft…
Vietnam’s Ministry of Finance is prototyping a new model where Bybit—a global player in buying and selling cryptocurrency—will provide the needed infrastructure. With the rest of Southeast Asia still on the sidelines, Vietnam is taking a leading role for responsible crypto control. The model establishes how governments can manage the necessary transparency and security and…
Vietnam is moving to center stage in the regulated cryptocurrency market by announcing a pilot crypto trading platform with pivotal technological support from Bybit, one of the largest cryptocurrency exchanges globally. As the report from Vietnam Investment Review indicates, the country’s position in the rapidly changing ecosystem of digital assets showcases the goals of economic…
The potential interest of Vietnam in cryptocurrency technology has allured many stakeholders in the cap digital economy. The prominent cryptocurrency exchange, Bybit, has shown keen interest in partnering with the government of Vietnam to create a “sandbox” for testing and developing the cryptocurrency features of trading. This is part of an emerging tendency to seek…
Losing Money Is Easy, But Finding The Money Is Hard The Bybit Ethereum crypto wallet loss hack worth $1.5 billion shocked the cyber world. The problems were aggravated by the fact that the hacked wallets had no security procedures installed. Bybit assured users that there would be no problems with withdrawing or spending their assets,…
A mobile-centric cryptocurrency initiative known as The Pi Network is facing harsh scrutiny, especially from Bybit’s co-founder and CEO Ben Zhou, who issued some severe claims regarding its clarity and sustainability in the long run. Zhou’s discontenting concerns due to Bybit’s refusal to list PI has sparked intense discussion within the cryptocurrency industry, fearing the…
The notorious flexibil addict and CEO of Bybit cryptocurrency exchange, Ben Zhou, has come out swinging after a massive $1.46 billion hack, saying We Will Go To War With Lazarus Group.” He has promised to pay an eye-watering $140 million to anyone who can help capture Lazarus and recover the lost funds. This is certainly…
