Money laundering within gaming ecosystem remains big threat: Report
The New Indian Express|October 25, 2024
Though the country's 568 million gamers drive the online gaming industry, money laundering within the gaming ecosystem remains a big threat as in-game currencies, cryptocurrencies, and offshore betting platforms are increasingly being used for illicit activities.
UMA KANNAN
Money laundering within gaming ecosystem remains big threat: Report

Digital India Foundation's Combating Money Laundering In Online Gaming Ecosystem report says there has been an uptick in use of digital currencies such as Bitcoin and Ether as payment options for in-game transactions. Since gaming assets can also be converted or transferred into crypto assets, it also resulted in an increase of money laundering and fraud on online gaming platforms.

هذه القصة مأخوذة من طبعة October 25, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 25, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS مشاهدة الكل
The New Indian Express

Tabu joins Bhooth Bangla

TABU is all set to star in Priyadarshan's upcoming horror-comedy Bhooth Bangla, opposite Akshay Kumar.

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1 min  |
January 13, 2025
RELATIONSHIP MODE: OFF
The New Indian Express

RELATIONSHIP MODE: OFF

In 2016, the hotel room aggregator OYO Rooms announced that it would offer a couple-friendly mode on its website, enabling unmarried duos to make bookings without worrying about whether they would be turned away at reception, as has long been a sociocultural norm.

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2 mins  |
January 13, 2025
The New Indian Express

WHEN STREETS TURNED INTO STORIES

The annual Kolam and Rangoli contest at Mylapore Festival is a time for women and men to tap into their creative side steeped in culture

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3 mins  |
January 13, 2025
TEAM EFFORT LEADS TN TO WIN
The New Indian Express

TEAM EFFORT LEADS TN TO WIN

A professional display by Tamil Nadu helped the team win the BCCI-Cooch Behar Trophy (Under-19) after a gap of 33 years.

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2 mins  |
January 13, 2025
The New Indian Express

Ongoing HIL to act as selection trials

THE ongoing Hockey India League (HIL) will also act as selection trials for both the men's and women's teams ahead of the next edition of the Pro League, scheduled to begin in Odisha in February.

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1 min  |
January 13, 2025
The New Indian Express

Karun cracks fifth ton as Vidarbha enter semifinals

VIDARBHA outclassed Rajasthan by nine wickets, while Haryana edged out Gujarat by two wickets to move into the semifinals of the Vijay Hazare Trophy here on Sunday.

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1 min  |
January 13, 2025
The New Indian Express

Shushanthika helps Tamil Nadu women win

RIDING on C Shushanthika's 56, Tamil Nadu defeated Tripura by 95 runs in the BCCI Women Under 23 T20 trophy Group B league round match played at Shaheed Nirmal Mahato stadium, Jamshedpur.

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2 mins  |
January 13, 2025
Veteran Shami's return biggest talking point
The New Indian Express

Veteran Shami's return biggest talking point

THE return of Mohammed Shami was the biggest highlight of India's T20I squad against England. However, there are some subtle changes from the squad that toured South Africa in November.

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2 mins  |
January 13, 2025
The New Indian Express

Sabalenka, Zverev ace tests on opening day

ARYNA Sabalenka powered past Sloane Stephens to begin her quest for a third consecutive Australian Open crown on Sunday with Alexander Zverev and Zheng Qinwen also winning as storms caused havoc on day one of the Grand Slam.

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1 min  |
January 13, 2025
The New Indian Express

SA20: Pretorius puts up Royals performance for Paarl

LHUAN-DRE Pretorius provided South African cricket with a glimpse into the future after the rising star smashed 97 off 51 balls (10X4, 6X6) to power Paarl Royals to a nine-wicket victory over Sunrisers Eastern Cape at Boland Park on Saturday.

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1 min  |
January 13, 2025