CoinDCX
India probing ‘several’ crypto cases for money laundering, seizes over $115 million
India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, t
India’s crypto tax pushing traders to foreign exchanges
India’s tax rules on crypto, which went into effect last April, have resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according to a new repo
Binance chief says crypto exchange doesn’t see viable business in India
Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key w
Coinbase and Polygon back new crypto advocacy group in India
Top crypto firms including Coinbase and Polygon are among the firms that have formed an industry body in India to promote dialogue between key stakeholders and drive awareness about web3, months after
CoinDCX launches platform to make DeFi apps accessible to masses
The complex onboarding and user experience is the price people pay to use decentralized apps — and it’s also one of the reasons most are not using those services. A top Indian crypto exchange
Binance tells estranged partner WazirX customers to move funds, discontinue off-chain transfer
Binance has told customers of its estranged partner WazirX to move their funds to the global crypto exchange platform and said it plans to remove off-chain fund transfer between the services in the la
Top Indian tech advocacy group drops crypto over regulatory uncertainty
The leading influential technology lobby group in India is turning its back on advocating for crypto in a major setback for the local ecosystem in the South Asian nation. Internet and Mobile Associati
Republic’s venture arm reportedly raising $700 million for crypto-focused funds
Private investment platform Republic’s ~$1 billion venture arm is reportedly in talks to raise $700 million for two new crypto-focused funds, according to Axios. The funds include a $200 million
Indian crypto exchange CoinDCX tops $2 billion valuation in new $135 million funding
CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expan
Coinbase makes India push with support for UPI payments
Coinbase is beginning to add support for payment instruments UPI and IMPS in India, making its crypto exchange broadly functional in the world’s second largest internet market for the first time in
India won’t allow offsetting loss on one crypto with profit from another
India’s proposed taxation law of virtual digital assets won’t permit individuals to offset loss on one asset against profit from another, the Ministry of Finance said Monday in a move that the hea