BrowserStack Announces $125 Million Buyback Amidst Tightening Crypto Regulations in India
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BrowserStack Announces $125 Million Buyback Amidst Tightening Crypto Regulations in India

BrowserStack is initiating a $125 million share buyback for employees and early investors, marking its third such program funded by internal accruals. This move supports employee wealth creation and aligns with the company's product expansion and acquisition strategy, projecting over $300 million in revenue by 2026. Concurrently, India's crypto industry faces stricter regulatory scrutiny with new anti-money laundering and counter-terror financing guidelines from the Financial Intelligence Unit-India, potentially increasing compliance costs for virtual digital asset platforms.

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