indian crypto exchanges

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

March 22, 2024 Bitcoin.com

bitcoin.com

Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

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

September 15, 2022 Bitcoin.com

1% TDS

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 […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering

August 27, 2022 Bitcoin.com

bitcoin.com

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 […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect

July 5, 2022 Bitcoin.com

BitBNS

Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

Indian Authorities Raid Cryptocurrency Exchanges for Tax Evasion

January 1, 2022 Bitcoin.com

bitcoin.com

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 […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform

September 15, 2021 Bitcoin.com

bitcoin.com

State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of […]

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

Major Cryptocurrency Exchanges Explore Entering Indian Crypto Market

June 10, 2021 Bitcoin.com

Binance

Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an […]

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