WazirX crypto exchange relocates headquarters to Dubai
WazirX cryptocurrency exchange located in India is seeking to relocate its headquarters to Dubai following the recent imposed tax on crypto and digital assets in India. According to Business Today, Shetty and Menon have already relocated to Dubai with their families, citing people close to the situation. Sameer Mhatre, co-founder and chief technology officer , […]
11 Crypto exchanges face charges of tax evasion in India
WazirX, CoinDCX, CoinSwitch Kuber amongst others make up the 11 crypto exchanges charged with tax evasion by the Indian government. A total of Rs 95.86 crore ($12.58 million) was seized from the exchanges for dodging the Goods and Services Tax (GST). On March 28, Minister of State for Finance Pankaj Chaudhary reported a GST evasion […]
Survey shows women from small cities in India contribute to 65% of crypto sign ups
India’s Mumbai-based WazirX cryptocurrency exchange in its latest data shows an increase in signups from smaller cities across India has amounted to a 2,648%. India’s legislative uncertainty hasn’t dampened investor enthusiasm for cryptocurrency , according to the most recent data from cryptocurrency exchanges. WazirX, a Binance-owned Indian crypto exchange, has seen a 2,648% increase in […]
Enforcement Directorate (ED) issues notice against WazirX
The regulatory watchdog has issued a warning against India’s largest crypto exchange WazirX, the notice poses a significant challenge to the Indian crypto ecosystem. This bull season, India’s regulatory quandary has taken multiple twists and turns. First, there were speculations of a crypto bill being introduced during the forthcoming parliament session; however, the crypto bill […]