"The old building gave you a sense of space and openness while the new one is almost claustrophobic,” Jairam said.
Sashi Kumar, head of sales, Indeed India, said, “This decline comes after a period of high growth in crypto in the past three years.
In an official release on Thursday, the agency named the six companies whose assets were attached under the Money Laundering Act.
Over the past decade, cryptocurrencies have gained prominence and have about 420 million users, according to crypto exchange Coinbase.
Earlier, some users took to social media, saying, 'Users are advised to withdraw their funds asap as Coinbase is discontinuing all services for its users in India.'
Crypto may not have a very obvious use case as such but we have to give that benefit of the doubt to see what it can do to the digital economy, a senior official said.
Crypto players say these recommendations are a significant leap forward in establishing a comprehensive regulatory framework.
Discussions surrounding a common template for crypto asset regulation will take place this weekend during the summit.
The prime minister called on businesses to adopt a planet-positive approach.
The crypto unicorn will also resize certain teams and steer the business towards profitable and sustainable growth.
Cyberabad Commissioner Stephen Raveendra said that the fraudsters set up the stage for their extortion by harvesting information about American citizens from various websites.
Prosecutors have asked a judge to revoke Bankman-Fried's bail, claiming he tried to harass a key witness in his fraud case.
The EOW is trying to ascertain where the prime accused stashed the ill-gotten money, with chances of him moving the cash overseas through the Hawala route not ruled out.
The company had organised a grand celebration at a luxurious hotel in Goa last week which was attended by actor Govinda along with over 1,000 members.
Worldcoin's launch on Monday comes as the cryptocurrency industry is suffering hard times after the spectacular collapse of FTX and various legal cases against the sector's biggest players.
As cryptocurrency trading is a complex matter, the police have decided to seek expert help and suspect the involvement of an international racket in the crime.
RBI Deputy Governor T Rabi Sankar said people trading crypto is not the concern but the unbacked cryptocurrencies and the product itself alongside its backers is the problem.
The victim approached Hyderabad Cyber crime sleuths after he was tricked into parting with Rs 52 lakh in the name of cryptocurrency investment.
On being contacted by STF, the exchange informed the agency Kar’s activities were found to be suspicious.
Binance and Coinbase are both alleged to have violated the law by operating as securities exchanges without registering their businesses with the SEC.