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Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
5.8.2022
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
5.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
Indian Government Raids Director of Binance-Owned Crypto Exchange WazirX, Freezes $8.14M
5.8.2022
The Directorate of Enforcement (ED) has seized bank assets belonging to crypto exchange WazirX in light of a government probe
One Exchanges Stands Out as Indian Crypto Trading Drops Following New Tax
5.7.2022
Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood out as a winner, with trading volumes rising.
According to trading data from...
Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
5.7.2022
Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading...
Indian crypto trading volumes slump following hefty taxes
5.7.2022
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet
WazirX Delists and Ceases Trading of LUNA/INR, LUNA/WRX, and LUNA/USDT
13.5.2022
WazirX has delisted three trading pairs from its platform. These three trading pairs are LUNA/INR, LUNA/WRX, and LUNA/USDT. The delisting has been done based on the recent review of these trading pairs. Users will be able to utilize Binance free transfer to withdraw their LUNA funds. The delisting...
New Bitcoin & Ethereum ETFs, Ukrainian NFT Cossacks Club, Snoop Dogg Brings Weed to Metaverse + More News
20.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: New Bitcoin & Ethereum ETFs, Ukrainian NFT Cossacks Club, Snoop Dogg Brings Weed to Metaverse + More News
Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News
14.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News
Indian Crypto Exchanges Disable UPI, Other Payment Options
14.4.2022
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
29.3.2022
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some...
‘We Have Entered a Period of Pain,’ Says WazirX CEO of India’s New Tax Laws
25.3.2022
Nischal Shetty, one of the most prominent figures in India’s crypto industry, talks candidly and at length about what’s at stake with the country’s new tax provisions
Omar Syed and Nischal Shetty of WazirX Reveal a Crypto Project Named Shardeum
3.2.2022
Crypto entrepreneurs Omar Syed and Nischal Shetty recently announced a new platform called Shardeum. Both Nischal and Omar have also worked on WazirX, which holds a major portion of the crypto market in South Asia. Shardeum will be an EVM-compatible sharded network with robust security, complete...
Why did WazirX token WRX jump 30% after India announced its big crypto tax?
2.2.2022
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area
India Sends Crypto Legalization Signs With Tax Plans, WRX Skyrockets
1.2.2022
In another turn of events involving India’s crypto policy, the country’s Finance Minister Nirmala Sitharaman has proposed to tax gains from crypto transfers at a 30% rate, with no deductions to be allowed. Moreover, the country’s central bank digital currency (CBDC), the digital rupee, is to...
Grand PUSH Giveaway by WazirX
27.1.2022
Wazirx and EPNS (Ethereum Push Notification Service) have come together to host multiple activities and generous giveaways for you. Join our platform to celebrate these activities and participate in the grand PUSH giveaway worth $25,500. EPNS or Ethereum Push Notification Service is developing...
WazirX and Other Crypto Exchanges Under I-T and ED Scanners
6.1.2022
Cryptocurrency is largely unregulated. When it comes to the Indian market, then the country is a part of the side that is yet to regulate the digital currency and its exchange platforms. This has been mistaken or rather used as an excuse to miss out on paying GST and other applicable taxes. Even...
Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News
5.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News
WazirX is conducting a grand EZ giveaway worth $47,510!
5.1.2022
Overview of the EZ project EasyFi (EZ) is a DeFi or Decentralized Finance lending protocol, enabling collateralized lending by using Plasma to enhance user experience. The Ethereum-based EZ network is Blockchain agnostic and allows cross-chain settlements of assets. This Ethereum-compatible network...