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Coinswitch was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar. Initially, the platform operated as an exchange for global investors due to the Reserve Bank of India's (RBI) restrictions on cryptocurrency trading in India, [5] imposed in April 2018.
India-based WazirX, a cryptocurrency exchange was hacked in early days of July 2024, leading to the loss of approximately $234.9 million (around Rs 2000 crore) in investor funds. [ 1 ] [ 2 ] The exchange ceased to operate on 18 July 2024.
A cryptocurrency exchange can typically send cryptocurrency to a user's personal cryptocurrency wallet.Some can convert digital currency balances into anonymous prepaid cards which can be used to withdraw funds from ATMs worldwide [1] [2] while other digital currencies are backed by real-world commodities such as gold.
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Deductible expenses: You may be able to deduct a few other expenses including money you put in an IRA or health savings account and money spent on the business use of your car or home. However ...
Trading companies were established in the 16th and 17th centuries by European countries to conduct trade and settlement in their colonies. Most of these companies have ceased to exist or have changed their business scope.
India is also reviewing surcharges levied on more than 30 items, including luxury cars and solar cells. The upcoming meeting between Modi and Trump will focus on trade, defense cooperation and ...
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