CoinDCX News
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Industry insiders have expressed concerns about the high crypto tax in India despite the notable surge in Bitcoin prices, which led to significantly increased demand on cryptocurrency exchanges and substantial rises in trading volumes. CoinDCX, a popular Indian cryptocurrency platform,…
After India introduced a 30% tax on crypto profits and a 1% TDS on transactions, local crypto traders started shifting their funds to offshore exchanges.
Major Indian crypto exchange CoinSwitch has laid off some members of its customer support team amid uncertain crypto regulation and stringent crypto taxation. CoinSwitch, a crypto exchange backed by Andreessen Horowitz and Coinbase Ventures, has axed 44 employees from the…
CoinDCX, a top Indian cryptocurrency exchange, is slashing 12% of its staff as a prolonged bear market and the nation’s tax policies impact revenue. Founded in 2018 by Neeraj Khandelwal and Sumit Gupta, the Mumbai-based cryptocurrency exchange employs approximately 590…
India’s stringent crypto taxation and shadow banking ban have driven crypto exchanges into survival mode. Despite this challenge, the industry is adapting, with exchanges exploring innovative strategies to stay afloat. India‘s imposing a stringent 30% tax on crypto profits and…
India’s crypto sphere is evolving with the changing Onchain Economy as more Indian crypto exchanges adopt CeFi. Five leading CeFi-based projects in India As the financial world evolves, newer concepts like Centralized Finance (CeFi) are now being adopted by crypto…
Indian cryptocurrency exchange CoinDCX’s latest funding comes as investors reaffirm their belief in India’s ability to become the world’s leading cryptocurrency market despite official disinterest. CoinDCX Raises $135M in Latest Series D Funding CoinDCX, an Indian cryptocurrency exchange, has raised…
GARI, the native social token of the India-based short-video sharing platform Chingari is now listed on India’s leading cryptocurrency exchange, CoinDCX.
India changed a banking ban on crypto trading in March 2020. The government has openly spoken about introducing its cryptocurrency while banning others in the unknown Crypto and Regulation of Official Digital Currency 2021 Bill. On Wednesday, Reserve Bank of…