News with the tag "CoinDCX"

India’s Enforcement Directorate (ED) has selected CoinDCX to oversee the management of seized digital assets, according to an announcement shared with Cryptonews. The move follows increased efforts to combat cryptocurrency-related financial crimes. Recent high-profile cases include the GainBitcoin a...

The crypto market in India is witnessing an unprecedented surge as thousands of people—particularly young workers—turn to Bitcoin, Ethereum, and Dogecoin in an attempt to escape stagnant wages and a brutal job market, according to a report from Reuters. This isn’t only happening in major metros like...

Mudrex reported a 200% yearly increase in its user base, surpassing 3 million.

BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services.

India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said.

India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.

India is reportedly considering a ban on Bitcoin and other crypto, which have sparked discussions in the broader digital assets space. Recent reports indicate that the nation seeks to promote its Central Bank Digital Currency (CBDC) while prohibiting use of the private cryptocurrencies. This develop...

Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.

Indian crypto exchange pioneer CoinDCX has secured a milestone achievement for its self-custodial wallet, Okto. The crypto firm today revealed that it attained a business license from RAK Digital Assets Oasis, the world’s first and only free zone dedicated to supporting digital asset companies. This...

Indian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent cyberattack. The exchange announced that this process will take place over the next few days, with all users’ portfolio balances on the platform being restored to their July 18 pos...