11 crypto exchanges were probed under investigation in India for alleged evasion of goods and services tax (GST). The quantum of evasion is valued close to INR 81 crore (~$10.7 million) as per The Tim...
Tag: Exchanges
Japan to Introduce Legislation Governing Banks and Crypto Exchanges
The Japanese government is pushing for new legislation that will see cryptocurrency trading platforms operating in the country under governance, which same rules apply to banks. As revealed by Chief C...
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered – Taxes Bitcoin News
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them...
11 Crypto Exchanges Fined for Tax Evasion in FY22: Indian Minister 11 Crypto Exchanges Were Fined for Tax Evasion FY22: Indian Minister
The evasion of Goods and Services Tax (GST) by crypto exchanges was figured in the Indian Parliament on March 28. Minister of State for Finance Pankaj Chaudhary informed that 11 such digital asset pla...
Dubai Welcomes More Exchanges as Bybit and CryptoCom Plan to Open Offices
The Middle East is fast becoming a favorite location for crypto-related companies, with Bybit and CryptoCom being the latest exchanges to receive a regulatory greenlight to operate in the region. Bybi...
All You Need To Know About Decentralized Exchanges (DEX) – Coinpedia – Fintech & Cryptocurreny News Media
Decentralized exchanges have many advantages when trading crypto. That’s why they’re experiencing a massive uprise lately. Crypto traders want anonymity, safety, and total control over their coins. Th...
Japan Tightens The Noose On Exchanges To Make Sure Russia Cannot Bypass Sanctions With Crypto ⋆ ZyCrypto
Advertisement     Japan is taking measures to ensure that cryptocurrencies are not used by the Russian Federation to skirt a barrage of international economic sanction...
Indian Govt. Charges 11 Crypto Exchanges For Tax Evasion
The Indian government had accused 11 crypto exchanges, including WazirX, CoinDCX, CoinSwitch Kuber, of tax evasion, said Minister of State for Finance Pankaj Chaudhary in a written response to the Par...
$4.1 Billion Worth of Ethereum Moved from Exchanges in March as ETH Price Climbs Above $3K
Tomiwabold Olajide Ether’s price has risen by 32% in the days since 180,000 ETH were removed from centralized trading platforms Nearly $4.1 billion worth of Ether (ETH) has been removed from cen...
Crypto Involved By US In Russian Deterrence, Alerts Exchanges
United States Department of Treasury stated that recent sanctions incorporated against Russia would involve verifications of virtual currencies. As per the report by a news agency, the White House was...
Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are t...
Traders Move $1.4 Billion Ethereum from Exchanges
Arman Shirinyan Large Ethereum volume being removed from exchanges despite positive price performance Contents DeFi on the rise Ethereum staking attracts more investors Ethereum traders and investors ...
126.5 Million XRP Sent to Ripple’s ODL Bitso and Some Major Exchanges
Yuri Molchan Ripple’s ODL corridor in Mexico and wallets on a few other top exchanges have received 126.5 million XRP Investors have made several hefty transactions between their wallets, moving...
“Travel Rule” For South Korean Cryptocurrency Exchanges
Compliance with rules acts as green lights for South Korea for regulation of virtual assets, but might be threatening local industry with overbearing transfer limitations among exchanges. A source fro...
Korean crypto exchanges are now in compliance with the Travel Rule
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure. Starting ...
Ether sees record outflows from exchanges while Bitcoin smashes through $43,000
As bitcoin (BTC) soars to $42,000 and beyond, trading above $43,000 at press time, the premier cryptocurrency by market cap saw more than 15,000 BTC in outflows from exchanges earlier this week. It’s ...
Ethereum (ETH) Disappearing From Exchanges As ETH 2.0 Deposits Accelerate: Santiment
A leading crypto analytics firm says that Ethereum (ETH) has been moving off exchanges since late February. In a new blog post, Santiment says that the exchange outflow should help reduce sell-pressur...
Billions of Dollars in Bitcoin and Ethereum Moved Off Exchanges in the Past Two Weeks
Data shows that large amounts of Bitcoin and Ethereum have been moved out of exchanges in the past 15 days, approximately 61,000 BTC and 151,000 ETH. The transfer of funds out of exchanges indicates t...
Crypto Exchange Revenue Sees 600% Growth, Outshining Traditional Exchanges ⋆ ZyCrypto
Advertisement     A recent report by financial-services consultancy Opimas has shown that the total revenue generated by cryptocurrency exchanges in 2021 outpaced trad...
How Crypto Natives Can Scale their Income through Decentralized Exchanges (DEXs)
The crypto market has often been touted as a lucrative source of income, a narrative that has attracted both retail and institutional investors. As of writing, the total market capitalization is well ...
Exchanges See Massive Bitcoin Outflow in 7 Days, Signaling Mega Bullish Turn in Crypto Markets ⋆ ZyCrypto
Advertisement     Bitcoin has seen explosive growth in price and adoption in the last 2 years. Both institutional and retail investors recognize bitcoin as a scarce an...
Thailand’s SEC Bans Crypto Payments, Tightens Control Over Exchanges
Thailand’s Securities and Exchange Commission (SEC) has announced a total ban on the use of cryptocurrencies as payment methods, while also proposing new rules that would require crypto firms to...
Wex Exchange Co-Owner Reportedly Detained in Russia – Exchanges Bitcoin News
Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the de...
Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban on the use of cryptocurrencies for payments. P...
Japanese Cryptocurrency Exchange Coincheck to Go Public on Nasdaq in $1.25 Billion Deal – Exchanges Bitcoin News
A major crypto exchange in Japan is going public in the U.S. in a $1.25 billion merger deal. Coincheck is regulated by the Financial Sevices Agency (FSA). It will be listed on Nasdaq under the symbol ...
Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs
The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade Non-Fungible To...
$2.6 Billion Worth of BTC Left Cryptocurrency Exchanges in March: Glassnode Data
Arman Shirinyan Billions worth of BTC leaving exchanges, and here are main reasons Contents Investors losing trust in exchanges Traders choose alternative options A massive volume of BTC left centrali...
Centralized and Decentralized nature of crypto exchanges today –
Crypto exchanges today are highly centralized as per an Internet academic It is the colonial mindset of experts and investors that has led to this situation NFT collections of several artists is not...