Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse

Indian Crypto Exchange Wazirx Calls Binance's Allegations 'False and Unsubstantiated' — Plans to Seek RecourseIndian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking the necessary steps to seek recourse and protect our legal rights.” Wazirx Says Binance’s Accusations Are […]

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Binance CEO Warns ‘We Could Disable Wazirx Wallets’ — Advises Investors to Transfer Funds to Binance

Binance CEO Warns 'We Could Disable Wazirx Wallets' — Advises Investors to Transfer Funds to BinanceBinance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning numerous tweets by CZ and Wazirx’s founder regarding whether Binance acquired Wazirx. Binance’s Warning: Transfer Your Funds The conflict between global […]

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Indian Crypto Bill: Exchange CEO Discusses What to Expect

Indian Crypto Bill: Exchange CEO Discusses What to ExpectThere are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of parliament. […]

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India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case

India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering CaseIndia’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. ED’s FEMA Investigation of Wazirx […]

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Bitcoin Tops $11,000 Reigniting Interest in India

Bitcoin Tops $11,000 Reigniting Interest in IndiaA resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges. The ban was imposed by the Reserve […]

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Subhash Chandra Garg on the Future of Crypto

Former Indian Finance Secretary Subhash Garg on the Future of CryptoIndia’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also read: Regulatory Roundup – China Blockchain ETF, New French Crypto Rules, […]

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Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India

Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for IndiaThe Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range […]

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Indian Crypto Traders Undeterred by Ban Rumor

Indian Crypto Traders Undeterred by Ban RumorThe Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to news.Bitcoin.com that their trading volumes have been increasing despite this report. Meanwhile, experts have weighed in on this possible bill, and another crypto exchange may be shutting […]

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How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban

How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI BanThe Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […]

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Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions

Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory SuggestionsA community roadshow has been uniting crypto enthusiasts in several cities in India to share their ideas on the country’s crypto regulation. “The best ones will be included in the report to be submitted to the decision makers amongst the government,” the organizer of the events explained. Also read: Indian Government Confirms Cryptocurrency Regulation in […]

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