CoinW Exchange plans to host in-person events and engage with local Indian KOLs. The Indian blockchain sector has raised over $627M via 16 fundraisings this year. CoinW is a leading cryptocurrency exchange that has made security and compliance deployments a priority from the start. CoinW was founded in 2017, and
Separately, it froze almost $550,000 in a combination of US Dollars and WRX. The accused was captured on September 25 by ED. The top Indian financial crime investigation agency has blocked an account on Binance containing 85.9 bitcoins, or around $1.6 million, in connection with a gaming software fraud case
Crypto traders in India shifted to the Binance exchange, to avoid paying taxes. In August, the number of downloads of Binance’s app in India increased to 429,000. The leading crypto trading platform, Binance is strengthening its hold in the Indian market. According to recent reports, since the Indian government started
RBI asked four government-owned banks to participate in the CBDC trial. Recently, the RBI declared that the CBDC will launch in 3 stages. Ahead of the launch of the central bank digital currency (CBDC), India’s central bank, the Reserve Bank of India (RBI), has reportedly requested four government-owned banks to
Chennai, India–(Newsfile Corp. – September 3, 2022) – Proudly announcing NC Global Media as an official media partner of Octaloop’s India Blockchain Tour (IBT) and Metamorphosis 2022. The rise of groundbreaking technologies, Blockchain, and web3, is inevitable. Octaloop’s India Blockchain Tour strives to accelerate the hype in the tech community.
This is the second cryptocurrency exchange in India to be hit this month. Many suspected violations of FEMA are now under investigation. Another cryptocurrency exchange in India came under regulatory investigation as crypto firms came under increasing strain. India’s major cryptocurrency exchange, CoinSwitch Kuber, was raided by the country’s Enforcement
It was said that forty influential individuals had signed up for the forum so far. There will be a Web 3.0 regulatory sandbox, as promised by the Telangana government. The trading and dealing of digital assets in India have been met with several regulatory obstacles. But some very important people
The Indian finance minister suggested against using cryptocurrency. The law enforcement organization blocked the assets of two crypto exchanges. At a BJP Economic Cell event on Saturday, Nirmala Sitharaman, the Indian Finance Minister, reportedly issued a warning about cryptocurrencies. New cryptocurrency regulation is on the way, the finance minister reportedly
WazirX is accused of assisting 16 fintech companies in money laundering. ED initiated the search operation on WazirX on August 3. India’s Directorate of Enforcement (ED) has taken a strong stance in the ongoing probe into the prominent Indian crypto exchange WazirX. On Friday, the ED confirmed a raid on
A Show Cause Notice (SCN) has been issued under the terms of FEMA. ED is probing two instances involving WazirX under the FEMA Act 1999. State Minister for Finance Pankaj Chaudhary informed Rajya Sabha that ED has given a notice under the FEMA Act to crypto exchange WazirX. In a
