Wazirx

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

WazirX released its sixth transparency report on Tuesday, April 23. Among a bunch of details, WazirX claimed that it received a total of 1,700 requests from the law enforcement agencies between October 2023 and March 2024.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.

Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...

The Enforcement Directorate (ED) has seized proceeds of crime amounting to Rs 1,144 crore and arrested 20 people in cases related to frauds in cryptocurrency or virtual digital assets, Minister of State for Finance Pankaj Chaudhary said on Monday.

In over-the-counter (OTC) crypto trading, agencies or individuals carry out transactions on behalf of the traders, off the books of the exchanges. As part of traditional financial practices, OTC trading of regular assets have been facilitated by banks for years. The services now include OTC crypto trading, which is being facilitated by some exchang...

India’s former Prime Minister Atal Bihari Vajpayee had first flagged the celebration of technology in free India on May 11, 1999. The aim was to honour Indian scientists and engineers for their contributions to the science and tech field. Today, 24 years after the first National Technology Day was flagged off, India’s crypto insiders have urged...

ZebPay has signed a deal with Singapore-based Taxnodes that will help its customers with their crypto taxes. Time and again, industry experts have urged India’s crypto community to exercise compliance with the laws in order to make the crypto sector safer.

WazirX has partnered up with TaxNodes to help its users compute their crypto taxes in India and file their taxes on a timely basis. Owing to the confusions surrounding the taxes on crypto gains in India, it is rather alarming that only around 100,000 crypto holders declared their holdings and paid the due tax amount in India last year. Industry pla...

The Enforcement Directorate (ED) has has attached, seized, or frozen proceeds of crime amounting to Rs 936.89 crore as on January 31, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. The minister also said the ED is probing several cryptocurrency and digital fraud cases in the country, while some cr...

WazirX received 431 requests from law enforcement agencies on transactions worth $390 million (roughly Rs. 3,222 crore) in the last five months. In its fourth transparency report, the exchange claimed that it has blocked over 2,431 accounts after they were red-flagged by its internal transaction monitoring process or by law enforcement agencies.

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

WazirX released its sixth transparency report on Tuesday, April 23. Among a bunch of details, WazirX claimed that it received a total of 1,700 requests from the law enforcement agencies between October 2023 and March 2024.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.

Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...

The Enforcement Directorate (ED) has seized proceeds of crime amounting to Rs 1,144 crore and arrested 20 people in cases related to frauds in cryptocurrency or virtual digital assets, Minister of State for Finance Pankaj Chaudhary said on Monday.

In over-the-counter (OTC) crypto trading, agencies or individuals carry out transactions on behalf of the traders, off the books of the exchanges. As part of traditional financial practices, OTC trading of regular assets have been facilitated by banks for years. The services now include OTC crypto trading, which is being facilitated by some exchang...

India’s former Prime Minister Atal Bihari Vajpayee had first flagged the celebration of technology in free India on May 11, 1999. The aim was to honour Indian scientists and engineers for their contributions to the science and tech field. Today, 24 years after the first National Technology Day was flagged off, India’s crypto insiders have urged...

ZebPay has signed a deal with Singapore-based Taxnodes that will help its customers with their crypto taxes. Time and again, industry experts have urged India’s crypto community to exercise compliance with the laws in order to make the crypto sector safer.

WazirX has partnered up with TaxNodes to help its users compute their crypto taxes in India and file their taxes on a timely basis. Owing to the confusions surrounding the taxes on crypto gains in India, it is rather alarming that only around 100,000 crypto holders declared their holdings and paid the due tax amount in India last year. Industry pla...

The Enforcement Directorate (ED) has has attached, seized, or frozen proceeds of crime amounting to Rs 936.89 crore as on January 31, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. The minister also said the ED is probing several cryptocurrency and digital fraud cases in the country, while some cr...

WazirX received 431 requests from law enforcement agencies on transactions worth $390 million (roughly Rs. 3,222 crore) in the last five months. In its fourth transparency report, the exchange claimed that it has blocked over 2,431 accounts after they were red-flagged by its internal transaction monitoring process or by law enforcement agencies.