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CoinDCX, CoinSwitch, 9 Other Crypto Exchanges under Govt Lens for Rs 81.5-cr Tax Evasion

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Most cryptocurrencies are prone to extreme price fluctuations. But in the case of last week’s bloodshed, an unexpected participant played truant. Stablecoins are usually considered to be the calmer, steadier cousin of the otherwise volatile cryptocurrencies. (Representational Photo) In a written reply to query in Lok Sabha, MoS Finance Pankaj Chaudhary said recovery from the … Read more

Crypto Exchanges Under Scanner: CoinSwitch, CoinDCX Get ED Notices Over FEMA Violation, Say Sources

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The crypto exchanges have come under the radar of the ED for allegedly violating FEMA provisions The notices have been sent to CoinSwitch and CoinDCX by the ED’s Bengaluru office to ascertain whether they are violating the law The Enforcement Directorate (ED), continuing its crackdown on cryptocurrency firms, has sent notices to crypto exchange companies … Read more