India

WazirX Lays Off 150 Employees Due To Market Pressures and India’s Harsh Tax Policy

According to a recent report, a large number of employees of cryptocurrency exchange WazirX have been laid off due to…

2 years ago

India ED Freezes $1.2 Million In Accounts Of “Chinese-controlled Entities”

As part of an investigation into potential crypto fraud involving the app-based token HPZ and similar apps, India's financial crime-fighting…

2 years ago

India ED Freezes $1.57 Million In Crypto Laundered Through WazirX And Binance

The Enforcement Directorate (ED), India's financial crime-fighting agency, has frozen over $1.5 million in cryptocurrencies as part of a money-laundering…

2 years ago

Crypto Traders Leave Indian Exchanges For Binance In Order To Avoid Taxes

The aftermath of a significant tax shift has led billionaire Chief Executive Officer Changpeng Zhao of Binance Holdings Ltd. to…

2 years ago

WazirX Collaborates With The Sandbox To Launch “Learn And Earn” Campaign

WazirX, India's largest cryptocurrency exchange by transaction volume, has partnered with The Sandbox, one of the largest Ethereum-based metaverse game…

2 years ago

Binance Is Struggling In India With Harsh Crypto Tax

Binance app downloads in India reached 429,000 in August, the most this year. The operator of the world's largest cryptocurrency…

2 years ago

WazirX Allowed To Reopen Banking After Account Freeze Lifted

WazirX announced on Monday that India's financial crime combating agency has permitted it to restart banking operations after unfreezing its…

2 years ago

Indian Finance Minister Sitharaman Discusses Crypto Regulation With IMF Chief

The importance of crypto regulation was highlighted by India's finance minister, Nirmala Sitharaman, and Kristalina Georgieva, managing director of the…

2 years ago

Indian Cryptocurrency Market Expected To Reach $241 Million By 2030

In a survey from the KuCoin exchange, there are about 115 million crypto investors as of June 2022. Despite the…

2 years ago

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