Mon, November 25

Bitbns Ranks as Largest Indian Crypto Exchange, Raising Concerns on Reported Volumes

In a recent study conducted by CoinGecko, Bitbns, a leading cryptocurrency exchange in India, has emerged as the largest player in the country’s crypto ecosystem. That captured an impressive market share of 79.1% among the top four centralized exchanges. However, concerns have been raised regarding the dominance of Bitbns and

July 3, 2023 4 mins read

Indian Crypto Exchange Being Investigation under Enforcement Directorate

CoinDCX founder Sumit Gupta joined the investigation. CoinSwitch Kuber was also part of the investigation. Under the Foreign Exchange Management Act (FEMA), India’s Directorate of Enforcement (ED) has sent notifications to cryptocurrency exchanges requesting additional information and documents as part of its ongoing investigation into any alleged foreign exchange crimes

July 6, 2022 1 min read