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India's Shardeum Closes $18.2M Seed Funding Round, Valuation at $199M
According to Shardeum, the new funds will be used for increased marketing efforts and upgrading the development team.
India’s WazirX Lays Off 40% Of Workforce, Triggered by Market Hardship
WazirX has joined the growing list of crypto firms reducing headcount amid the ongoing market crash
Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD
Indian crypto platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.
CoinSwitch Kuber Raided by Indian Authorities: Report
Indian crypto exchange giant, CoinSwitch Kuber comes off as the next trading platform to be raided by the Indian Enforcement Directorate (ED).
Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation
Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum at a $200 million valuation.
Binance and WazirX Founders Trade Words Over the Latter's Ownership
The confiscation of the bank account of WazirX, one of the most renowned cryptocurrency trading platforms in India, by the Enforcement Directorate (ED) as reported earlier by Blockchain.News has opened up a more concerning question about the trading platform’s ownership
WazirX Faces Sanction For Abating Illegal Loan App Companies
Asian crypto exchange WazirX which has been under the probe of the Indian enforcement agency, Directorate of Enforcement has finally had its bank assets seized
India Crypto Exchanges Restrict Rupee Deposits to Buy Crypto
Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have banned users from making rupee deposits to buy cryptocurrencies due to issues with the United Payments Interface (UPI), Reuters reported.
Indian Crypto Taxation Leads to Increase in Daily Sign-ups for Exchange Platforms
Indian crypto-asset exchange platform WazirX witnessed a 30% jump in its daily sign-ups since the country decided to impose a 30% tax on profits from cryptocurrency trading, according to co-founder Nischal Shetty.
India Accuses WazirX of Tax Evasion, Future of Local Crypto Sector Remains Unclear
India’s largest cryptocurrency trading platform, WazirX, has been accused by the country's authorities of tax evasion worth $5.4 million.