Leading Indian cryptocurrency exchanges are recording higher trading volumes, deposits, and user registrations following Financial Intelligence Unit’s (FIU’s) decision on December 28, 2022, to issue compliance show-cause notices to nine global crypto exchanges along with a request to the IT ministry to block their URLs for not adhering to Indian regulatory norms. Leading Indian crypto … Read more
Last Updated: June 14, 2022, 11:36 IST Launched in 2017, WazirX today is one of India’s biggest crypto trading platforms. WazirX said that it aims to elevate its customer onboarding and app promotion with respect to the crypto industry in India, using MoEngage’s services Crypto trading platform WazirX has announced a partnership with insights-led customer … Read more
Crypto trading has taken a hit from July 1, after the new TDS rule was implemented. Three leading crypto exchanges in India, ZebPay, WazirX and CoinDCX, saw a plunge of 60 to 87 per cent in their value of daily trading after the TDS rule came into effect. The latest income tax rule set by … Read more
Last Updated: July 11, 2022, 14:05 IST Almost one-fourth of all respondents are thinking of shifting their trading to international exchange. (Illustration Reuters) Involving almost 10,000 respondents, the survey was conducted by WazirX and Zebpay, two of the most prominent crypto exchange platforms in the country. Crypto trading is experiencing a decline in its frequency … Read more
The ED said on Friday that it conducted raids against Sameer Mhatre, a director of Zanmai Lab Pvt Ltd. (Image: Shutterstock) Binance founder Changpeng Zhao said it had no links with WazirX and does not own any stake at Zanmai Labs, shortly after the ED raided the Indian crypto exchange. World’s largest cryptocurrency exchange by … Read more
After the Enforcement Directorate (ED) conducted raids on WazirX director last week, the world’s largest crypto exchange by volume Binance, which had announced to buy WazirX in November 2019, is now reneging on the agreement between the two companies. This prompted users to find out who controls WazirX. Now, Binance has also removed off-chain crypto … Read more
Curated By: Business Desk Last Updated: September 12, 2022, 13:28 IST The ED saidthat it conducted raids against Sameer Mhatre, a director of Zanmai Lab Pvt Ltd. (Image: Shutterstock) The ED had last month said it had conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, the company that operates WazirX. … Read more
