The Directorate of Enforcement of India alleged that WazirX “actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto
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Shardeum — World’s first EVM-based L1 Blockchain which uses sharding to increase TPS with the…
Shardeum is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true… Continue reading on Medium »
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Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
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
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Indian crypto trading volumes slump following hefty taxes
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto
Read morePolygon’s MATIC Surges 27% On Carbon Neutrality News
According to CoinMarketCap, the Polygon (MATIC) value was increased by nearly 27% to $0.55 within 24 hours after Polygon’s news of being carbon neutral. However,
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Indian Crypto Exchanges Disable UPI, Other Payment Options
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued
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