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Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges
16.8.2022
India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms. Indian Finance Minister Cautions About Crypto Indian Finance Minister Nirmala...
Binance CEO’s Warning About Wazirx Wallets, Nigerian EFCC on Naira Depreciation, O’Leary Buys the Dip — Bitcoin.com News Week in Review
14.8.2022
Another week has passed and developments in the Binance-Wazirx controversy continue, Nigeria’s Economic and Financial Crimes Commission (EFCC) claims it has identified individuals fueling the naira’s depreciation, Shark Tank star Kevin O’Leary says crypto “desperately...
Binance sides with Indian regulators in WazirX fallout, to cease support for off-chain transfers
8.8.2022
Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny
Bollywood-like Drama Erupts as CZ Moves to Distance Binance from India’s WazirX Exchange
8.8.2022
A bitter dispute about the ownership of WazirX, an Indian crypto exchange that is being probed by the nation’s law enforcers over suspected money laundering allegations, has descended into a Twitter-based face-off between the Binance CEO Changpeng “CZ” Zhao and the WazirX Founder Nischal Shetty....
Binance CEO Warns ‘We Could Disable Wazirx Wallets’ — Advises Investors to Transfer Funds to Binance
7.8.2022
Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning numerous tweets by CZ and Wazirx’s founder regarding whether Binance...
India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx Was ‘Never Completed’
6.8.2022
A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. However, Binance CEO Changpeng Zhao (CZ) now claims that the acquisition was “never...
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
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
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.
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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...
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...
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.
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Read More: Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News
Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News
31.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News