Jai Sahu, Author at Coinroot

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In an official update shared on X, the cryptocurrency exchange based in Seychelles announced its plan to initiate a one percent Tax Deducted at Source (TDS). India has been intensifying its efforts to ensure investor safety within the crypto sector. KuCoin recently joined other international exchanges in complying with India’s Financial Intelligence Unit (FIU). In […]

Monad Labs Secures $225 Million Funding Round Led by Paradigm Monad Labs secured $225 million in a financing round spearheaded by Paradigm. The funds will support the creation of a swifter iteration of the Ethereum blockchain, aligning with current DeFi applications. The funding will primarily fuel the advancement of Monad Labs’ accelerated Ethereum blockchain. This […]

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During this challenging time, FIL tokens valued at approximately $23 million have disappeared to an undisclosed external address. STFIL, a primary liquid staking platform for Filecoin (FIL), is embroiled in controversy as its core technical team undergoes investigation by local Chinese authorities. Legal assistance has been sought to support the team members currently in custody. […]

Bitget, a cryptocurrency exchange, has announced the launch of its new initiative called the “Bitget COO Apprentice” program in Europe. This program aims to provide young individuals with the opportunity to work closely with Bitget’s executive team and gain hands-on experience in the industry. It falls under Bitget’s Blockchain4Youth initiative, which aims to offer participants […]

Brazil is on the brink of unveiling a new proposal for cryptocurrency taxation in a forthcoming bill to be presented to the National Congress in the coming days. This bill suggests taxing cryptocurrencies in a manner akin to shares and capital instruments with fluctuating exchange rates, rather than classifying them as goods. Brazil Prepares to […]

Crypto.com is making its mark in the South Korean crypto market with the launch of its trading app. An executive from the company expressed excitement, stating, “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South Korea.” […]

The Autorité des Marchés Financiers (AMF) in France has issued a warning about BITGET, noting it offers digital finance services without proper authorization. The AMF updates a blacklist with entities offering unauthorized investment services in France. French Financial Regulator To Blacklist BITGET for Unauthorized Crypto Services [Mise en garde] L’AMF rappelle au public que la […]

Deribit, the largest crypto options trading platform globally, announced on Tuesday that its Dubai branch has received a provisional license for virtual asset services from the Virtual Asset Regulatory Authority (VARA). This license covers trading in both spot and derivatives markets but is yet to be activated. Deribit needs to meet further conditions and localization […]

Sam Bankman-Fried, one of the co-founders of the defunct crypto exchange FTX, received a 25-year prison sentence for defrauding customers and investors of his now-bankrupt company. This ruling marks the final chapter in the downfall of the once-billionaire, who was a prominent figure in the crypto world before his company’s collapse in 2022. He was […]

Cryptocurrency and Geopolitical Tensions: The Moscow Concert Hall Attack In a surprising twist to the ongoing geopolitical conflicts, Russia’s investigative agency has levied serious allegations against Ukrainian nationalists, accusing them of funding a terror attack on Moscow’s Crocus City Hall through cryptocurrency. This incident marks a new chapter in the use of digital currencies in […]

Author: Jai Sahu

𝗞𝘂𝗖𝗼𝗶𝗻 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝘀 𝗙𝗜𝗨 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗮𝗻𝗱 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗧𝗗𝗦 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻

Monad Labs Raises Huge $225M, with Paradigm as Main Investor

Filecoin’s Second Largest DeFi Protocol Team Faces Scrutiny by Chinese Authorities

Bitget Introduces Crypto Apprentice Program to Cultivate Future Web3 Talent

Brazil to Revise Cryptocurrency Taxation Guidelines

Crypto.com Enters South Korean Crypto Market with App Launch

France’s AMF Warns Against Unauthorized Digital Asset Services Offered by BITGET

Deribit Chooses Dubai for Global HQ Following Conditional Licensing by VARA

Sam Bankman-Fried sentenced to 25 years in prison for his role in collapse of FTX crypto exchange

Ukraine Funds Terrorists with Cryptocurrency, Russia Claims

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

Coinroot is dedicated to delivering current, accurate, and comprehensive news in the dynamic world of cryptocurrency and global events. We aim to simplify complex crypto-economic concepts for our audience, providing a trusted source of information for crypto enthusiasts and the wider public alike.