indian cryptocurrency exchanges – DIGIT INFO

Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax

DIGIT — Thu, 15 Sep 2022 03:30:33 +0000

The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups […]

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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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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 Authorities Raid Cryptocurrency Exchanges for Tax Evasion

DIGIT — Sat, 01 Jan 2022 15:30:25 +0000

India’s Directorate General of GST Intelligence (DGGI) reportedly raided major cryptocurrency exchanges Saturday. Their offices were searched and “massive goods and services tax (GST) evasion has been detected by DGGI.” Tax Authorities Say Cryptocurrency Exchanges Have Been Evading GST Tax India’s Directorate General of GST Intelligence (DGGI) reportedly raided major cryptocurrency exchanges across the country […]

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Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown

DIGIT — Wed, 06 May 2020 08:15:53 +0000

India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest in Cryptocurrency in India as Lockdown Extends India recently extended its nationwide lockdown by another fortnight due to the coronavirus outbreak. While […]

The post Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown appeared first on Bitcoin News.

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