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Tag: CoinSwitch

OKX Halts Operations in India Amid Regulatory Challenges

Join Our Telegram channel to stay up to date on breaking news coverage In a significant development, the cryptocurrency exchange OKX has announced the discontinuation...

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Crypto Market Remains Positive Amid Regulatory Hopes In G20 Summit 2023 – CryptoInfoNet

Crypto market overview: The crypto market has picked up for the second consecutive day. According to global crypto market capitalisation, up 1.2 per cent,...

India’s CoinSwitch crypto exchange fires 44 employees

CoinSwitch, an Indian cryptocurrency exchange backed by Tiger Global and Sequoia Capital, has laid off 44 employees from its customer support team due to...

Indian Government Receives Calls to Restore UPI Use for Crypto Exchanges: Report

A new proposal is about to the submitted to the Indian State government to restore the use of the country’s Unified Payments Interface...

$SHIB News: Gold Purchases, Shibarium Success, and Popularity in India

Shiba Inu (SHIB), the meme-based cryptocurrency capturing headlines in recent months, continues to make waves with its latest developments. In one of the latest...

US-based Tykhe Block Ventures Announces First Close of its $30 Million Blockchain Growth Fund

Advertisement &nbsp &nbsp Tykhe Block Ventures, a Venture Capital company based in the USA, has declared the first closing of its Blockchain Growth Fund,...

India’s anti-money laundering legal guidelines will now apply to crypto transactions

The Indian authorities will apply anti-money laundering provisions to transactions associated to cryptocurrencies or digital tokens, in an effort to tighten its supervision of...

Indian Government Introduces New Crypto Tax Penalties

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment...

India crypto industry on ‘Stairway to Heaven’ as government ignores requests in Budget

India’s finance minister Nirmala Sitharaman ignored requests from the cryptocurrency industry to lower taxes on cryptocurrency trading as she presented the Budget 2023-24 on...

Accelerator Graviton to help Indian Web3 start-ups get funding

India-focused accelerator Graviton has announced an initiative to help Indian Web 3.0 start-ups get up to US$50,000 in funding. The firm is working with...

Indian Crypto Companies’ Response to the FTX Collapse

The quick downfall of FTX with an $8-10 billion deficit in its balance sheet has left the broader cryptocurrency market reeling under its...

India Clarifies Crypto Taxes, as Trading Volumes Crater

India’s central tax authority has issued clarifications around its decision to execute a 1% tax deducted at source (TDS), on top of a 30%...

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