BuyUcoin digital exchange registers with FIU-India

BuyUcoin demonstrates its dedication to financial compliance for virtual digital assets by becoming a FIU Registered Reporting Entity Indian digital exchange for digital assets In accordance with the most recent anti-money laundering (AML) legislation from the government, BuyUcoin has been registered as a reporting business with the Financial Intelligence Unit — India. By completing the…

Understanding the Impact of Litecoin Halving 2023: A Comprehensive Guide

Cryptocurrencies have revolutionized the world of finance, and among them, Litecoin (LTC) holds a unique place. As a peer-to-peer digital currency, Litecoin offers faster transaction confirmation times and a different hashing algorithm than Bitcoin. One of the most crucial events in the life of a cryptocurrency is the “halving” – a phenomenon that significantly impacts…

In a Bitcoin-related drug bust, an Indian crypto king has been arrested.

The Narcotics Control Bureau Mumbai Zone nabbed Makarand P Adivirkar, a Mumbai resident, for allegedly facilitating the purchase of drugs in Bitcoin. According to NCB Mumbai officials, Adivirkar, also known as “Crypto King,” used to take commissions from those who wanted to convert their money into Bitcoin and then buy LSDs (a hallucinogenic drug) and…