CoinDCX

India introduced a 30% tax on crypto profits and the 1% TDS on all transactions in July, 2022, resulting in traffic taking a nosedive and many exchanges going into survival mode. CoinDCX CEO Sumit Gupta discusses the controversial crypto policy and the subsequent impact for crypto veterans and beginner investors alike.

11. Dez. 2023

Jayant Sinha, one of India's senior politicians who helps oversee the financial evolution of the nation, told CoinDesk that the country is unlikely to bring a crypto or Web3-specific legislative bill anytime soon. CoinDCX CEO Sumit Gupta joins "First Mover" to discuss the state of crypto regulation and mainstream adoption in India.

11. Dez. 2023

One of India's most prominent cryptocurrency exchanges, CoinDCX, is cutting about 12% of its staff as the prolonged bear market and India's tax policies hit revenue. CoinDesk regulatory reporter Amitoj Singh breaks down how crypto services are impacted by the stiff taxes India has imposed on the industry.

22. Aug. 2023

Indian crypto exchanges are in survival mode, cutting costs wherever possible, re-negotiating partner contracts, suspending employee pay-hikes, conducting lay-offs, exploring new revenue models and rebranding themselves, all in an effort to extend their financial runways. "The Hash" panel discusses the ongoing fallout of crypto winter and the implications for India's state of crypto.

30. Mai 2023

Binance denies report on sharing client data with Russia. China pushes ahead with plans to showcase the e-CNY at September’s Asian Games. CBDCs and what they mean for the future of stablecoins. Investors double down on CoinDCX despite difficulties in India.

25. Apr. 2022

Korea’s KB Kookmin Bank develops virtual banking services. Imposition of Korea’s crypto tax postponed. India’s CoinDCX looking to IPO when legislation allows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

30. Nov. 2021

Indian crypto exchange CoinDCX has raised 6.70 billion rupees (US$90 million) from investors to a total valuation above $1 billion, becoming the first crypto firm in the country to achieve unicorn status. Co-founder Neeraj Khandelwal discusses the implications of the achievement in the face of regulatory uncertainty relating to Indian officials' stance toward cryptocurrencies. Plus, highlights on the trends in Indian crypto markets.

16. Aug. 2021

India is currently being hit with a deadly second wave of COVID-19, and leaders in the crypto industry have been donating crypto to help purchase food and medicine. While the Indian government has been cracking down on crypto, Neeraj Khandelwal, CEO of Mumbai-based CoinDCX, thinks it’s too late to ban bitcoin in India.

27. Apr. 2021