India’s crackdown on crypto platforms continues as the government targets 17 leading cryptocurrency companies accused of evading Goods and Services Tax (GST) worth INR 824 crore. The Ministry of Finance has taken action against these companies, recovering over INR 122 crore in taxes, including penalties and interest. Among the firms in focus are WazirX’s parent company, Zanmai Labs, and…
Cryptocurrency trade CoinDCX said it has brought $90 million up in Series C funding at a valuation of $1.1 billion, making it the 22nd unicorn of 2021 in India in a year that is now a record-breaking year for startup funding in the country.
This likewise makes CoinDCX India’s first crypto unicorn.
The round was driven by previous Facebook prime supporter Eduardo Saverin’s B Capital Group and…
India’s monetary wrongdoing battling organization the Enforcement Directorate has sent a show-cause notice to the country’s greatest digital currency trade WazirX and its chiefs for contradiction of India’s unfamiliar trade rules for exchanges including cryptographic forms of money worth over Rs 2700 crore.
The notification has been shipped off the organization and its chiefs Nischal Shetty…
Digital currency trade WazirX on Monday declared a commercial center for Non-Fungible Tokens or NFTs. Utilizing the commercial center, Indian craftsmen can sell their advanced resources, for example, workmanship pieces, sound documents, recordings, programs, and even tweets, the organization said in a delivery.
A NFT is an exceptional digital money based symbolic that is ‘non-fungible’ in…
