Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
Cryptocurrency change Okx has notified its customers in India that the platform is shutting down companies within the nation “due to local regulations.” The change...
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
The variety of Indian customers on cryptocurrency change Binance has soared after the Indian authorities started levying taxes on crypto transactions. Meanwhile, each day buying...
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering
India’s Enforcement Directorate (ED) has performed searches at 5 premises linked to well-liked cryptocurrency buying and selling platform Coinswitch Kuber. The firm says its engagement...
Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
Cryptocurrency buying and selling volumes throughout exchanges in India have plunged after the nation’s 1% tax deducted at supply (TDS) went into impact firstly of...
Indian Authorities Raid Cryptocurrency Exchanges for Tax Evasion
India’s Directorate General of GST Intelligence (DGGI) reportedly raided main cryptocurrency exchanges Saturday. Their places of work have been searched and “large items and providers...
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable...
Major Cryptocurrency Exchanges Explore Entering Indian Crypto Market
Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting...