Coin Crunch India

ED Unfreezes Bank Accounts of WazirX exchange: Investigation Continues
WazirX.com Indian cryptocurrency exchange WazirX finally sees the stars aligned after a cold treatment from regulatory bodies in India. A major sign of relief for...
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WazirX assisted 16 Companies in Laundering Money via Crypto: Enforcement Directorate
Enforcement Directorate raided WazirX Director Sameer Mhatre, and issued a freezing order to freeze their Bank balances to the tune of INR 64.67 Crore according...
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EU Bans High-Value Crypto Services to Russia
The EU is trying to close loopholes such as crypto which allow Russia to circumvent the sanctions imposed by the West. The European Union has...
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UK to Regulate Stablecoins and Become Global Crypto Hub
The UK Government has revealed a list of upcoming measures it will take to make the country a global crypto hub. The Government of the...
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Indonesia to Charge 0.1% Income Tax on Crypto
Indonesia will levy Income Tax on top of capital gains. Indonesia is going to impose a Value-Added Tax (VAT) on crypto-asset transactions and an Income...
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UAE Contemplating Paying Salaries in Crypto
UAE may pay salaries in crypto particularly in stablecoins. Dubai is hosting the Investopia Summit this week, beginning on Monday. The Government officials will be...
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Crypto to Be Taxed Until Decision On Any Regulation: Fin Min
TDS will enable the Government to track transactions. Friday saw a profound debate between the opposition and the Government about the new crypto tax law....
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New Indian Crypto Tax Law
Even after criticism from the stakeholders and lawmakers, proposed crypto tax provisions were passed in the Parliament. Since February 1 when India’s Finance Minister, Ms....
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Breaking: Thailand Bans Crypto Payments
Businesses have 30 days to comply with the rules from the effective date. Thailand which has a somewhat positive stance when it comes to crypto...
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Proof of Work Ban Could Make A Comeback in EU Parliament
Proof of Work (PoW) ban could come back in the Markets in Crypto Assets (MiCA) legislation of the European Union (EU). Last week, the European...
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Why did the Indian Crypto Exchanges Stop Instant Deposits and Withdrawals of INR?

Why did the Indian Crypto Exchanges Stop Instant Deposits and Withdrawals of INR?

December 28, 2017

Update1: Some Exchanges have re-enabled the deposits and withdrawals, however there is a fee of 2.36% levied for withdrawal on Exchanges like Koinex and Coindelta.…

For their wedding Gift, I got my friends some Cryptocurrency