Crypto Exchange

India’s Crypto Exchanges ‘Inspected’ by Tax Agencies

CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De discusses an article by CoinDesk’s India-based Amitoj Singh, explaining why Indian tax agencies are pursuing five crypto exchanges for over Rs 84 crore ($11 million) in additional taxes. Plus, De draws comparisons between Indian and American tax policy.

Jan 7, 2022

Policy

The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies

Two agencies, five months, five crypto exchanges, 100-plus officers, more than Rs 700 million in tax recovery, and yet the scale of the misdemeanor, excused by “ambiguity,” remains unknown.

By Amitoj SinghJan 7, 2022

India's goods and services tax (GST) was implemented in 2017. This same tax regime would later lead to five crypto exchanges paying over $11 million in back taxes and penalties. (Sanjit Das/Bloomberg via Getty Images)

Finance

Hong Kong Arrests 2 Suspected of Laundering $384M Through Banks and a Crypto Exchange

Customs agents raided a home in the Yau Tong district and arrested a 28-year-old woman and her 21-year-old brother.

By Greg AhlstrandDec 30, 2021

Finance

OSL Hires Senior Execs to Support Rising Volumes, New Products and Global Expansion

Hong Kong’s first licensed cryptocurrency exchange adds the positions following a June hiring spree and recent expansions in North and Latin America and the U.K.

By Greg AhlstrandDec 22, 2021