coinswitch kuber – DIGIT INFO

Binance, WazirX among crypto firms evading taxes in India, says gov’t

DIGIT — Wed, 04 Dec 2024 13:40:34 +0000

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.

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Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering

DIGIT — Sat, 27 Aug 2022 16:00:51 +0000

India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The federal agency recently froze the assets of two other crypto firms, Wazirx and Vauld. Coinswitch Kuber Next on ED’s List […]

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A16z-backed CoinSwitch exchange raided over alleged forex law breaches

DIGIT — Fri, 26 Aug 2022 01:27:29 +0000

The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list.

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Indian Crypto Exchanges Disable UPI, Other Payment Options

DIGIT — Thu, 14 Apr 2022 03:30:14 +0000

A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees […]

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Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

DIGIT — Tue, 29 Mar 2022 03:30:04 +0000

The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house […]

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New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI

DIGIT — Fri, 08 May 2020 09:15:31 +0000

The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI). New Cryptocurrency Trading Platforms Launching in India The crypto sector in India is showing […]

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