Search results
Results from the WOW.Com Content Network
Coinswitch is an Indian cryptocurrency exchange and trading platform headquartered in Bangalore, Karnataka. [1] Founded in 2017, the platform enables users to trade Virtual Digital Assets (VDAs) with Indian Rupees. In October 2021, Coinswitch secured $260 million in Series C funding, valuing the company at $1.9 billion. [2] [3] [4]
CoinDesk has reported the searches have been in connection with India's Foreign Exchange Management Act (FEMA). CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange ...
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
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.
India's overall Internet Freedom Status is "Partly Free", unchanged from 2009. India has a score of 39 on a scale from 0 (most free) to 100 (least free), which places India 20 out of the 47 countries worldwide that were included in the 2012 report. India ranked 14 out of 37 countries in the 2011 report.
A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise. It is often contrasted with fiat currency issued by governments or central banks.
The emotional former partner of suspected car thief Kyle Fernandez was seen quietly crying as Manhattan ADA Meaghan Dunigan read out her victim impact statement in Manhattan Supreme Court Thursday.
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.