💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
India requests a cybersecurity audit of crypto exchanges
India requires all exchanges, custodians, and cryptocurrency intermediaries to undergo cybersecurity audits by auditors approved by CERT-In. This is mandatory for signing up for FIU, placing VDA providers under compliance obligations similar to banks under the Prevention of Money Laundering Act 2002.
Crypto crime accounts for 20–25% of total murder cases, often using the darknet, privacy coins, mixers, and unregulated exchanges to conceal the flow of funds. FIU also replaced “Fit & Proper” with the certification “Partner Accreditation for Compliance & Trust,” focusing on compliance.
Despite enhancing user protection, there are still concerns about auditors' ability to handle the specific risks of crypto. Crypto in India is taxed at 30% on profits, along with a 1% TDS, and the Income-Tax Bill 2025 requires reporting to VDA processing organizations.