Here are the latest crypto news today from various parts of the world 🌍:
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🇮🇳 India – Crypto Regulation & Supervision
Probe by CBDT
The Indian tax authority (CBDT) has begun investigating potential tax evasion and money laundering through crypto investments (VDAs), particularly those considered ‘high-risk’.
Publication of policy paper in June
The Indian government is expected to release a discussion paper on crypto regulation in June 2025. This aims to open public consultations regarding regulatory options, taxation, and anti-fraud, with references to IMF and FSB standards.
RBI remains vigilant
Despite the acceleration of regulation, the Reserve Bank of India (RBI) still views crypto as a risk to financial stability and monetary policy.
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🌍 Africa – Increasingly Established Adoption and Regulation
Financial inclusion in Kibera, Kenya
A pilot project by AfriBit Africa pays ~200 cleaning staff in Kibera with BTC (totaling US$10,000), sparking discussions on the benefits vs risks of volatility and digital literacy.
**Kenya Blockchain & Crypto Conference (KBCC)**
The annual conference held in Nairobi on June 12-13, attended by 1,500+ stakeholders, discussed institutional adoption and regulatory frameworks, supported by Binance.
Ghana prepares comprehensive regulation
The Bank of Ghana and the government aim for a comprehensive regulatory framework for crypto and digital assets by September 2025, for investor protection and fintech development.
Crypto in South Africa & Nigeria
In South Africa, the local court determined that crypto is not a currency or capital, thus not included in forex regulations.
Binance praises Kenya's regulatory progress, while Nigeria imposes a one-year sentence on nine crypto scam perpetrators.
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🇵🇰 Pakistan – Establishment of Regulatory Body
**Pakistan Crypto Council (PCC)**
This governmental organization was formed in March 2025 to promote and oversee blockchain technology and crypto assets—its board members include figures like Changpeng Zhao.
