According to the Moneycontrol report, WazirX founders met with around 10 government agency officials over the past few weeks with the officials seeking investigation on the hack and theft of crypto tokens from its wallets this year. Officials from government agencies including such as the Financial Intelligence Unit (FIU), Intelligence Bureau (IB), and the Indian…
On October 03, CoinSwitch, India’s leading crypto trading exchange announced the launch of crypto futures trading on its Pro platform for users. This new feature allows traders to “amplify their potential” with leverage up to 25x, report the company. CoinSwitch launches Crypto Futures trading With the new CoinSwitch crypto futures trading services users can buy,…
Last month a report suggested that the India govt is expected to release a consultation paper on cryptocurrency regulation. This new crypto regulation will made with the help of a panel headed by the Secretary of the Department of Economic Affairs (DEA). India to release Consultation Paper on Cryptocurrency Regulation As per the report, the…
India has led the world in crypto adoption for the second year in a row, according to a report released on Wednesday by blockchain analytics company Chainalysis. This was because investors objected to the country’s strict regulatory stance and heavy business taxes. The report tracks crypto adoption across four sub-categories in 151 countries and shows…
From August 15, 2024, the world’s largest crypto exchange Binance has made grand returns in India as its website and app will go live after a ban of almost half a year due to not registering with the Financial Intelligence Unit of India (FIU-IND). Binance returns to India after seven months, the website and app…