Binance, one of the major crypto exchanges, has received a notice of payment of Goods and Services Tax (GST) of Rs 772 crore in India. This notice to this international crypto exchange has been issued by the zonal unit of Directorate General of GST Intelligence (DGGI), Ahmedabad in Gujarat. However, no official statement has been…
Binance, one of the big crypto exchanges, has received a notice to pay GST worth Rs 772 crore in the country. After this Binance has reiterated its commitment to comply with the laws of the country. A notice has been issued to this American exchange by the Directorate General of GST Intelligence (DGGI). earlier this…
The ban on international crypto exchange Binance in India has been lifted. Along with registering with the Financial Intelligence Unit (FIU) in the country, Binance has also paid a fine of $22.5 lakh. This fine was imposed in June due to the exchange’s violation of the Prevention of Money Laundering Act (PMLA). Access to the…
The price of Bitcoin, the largest cryptocurrency in terms of market capitalization, declined by about 2.8 percent on Wednesday to about $59,397. The move of almost two billion dollars worth of cryptocurrencies by the bankrupt crypto exchange Mt Gox may increase the decline in the crypto market. A wallet linked to Mt Gox has moved…
Bitcoin, the largest cryptocurrency in terms of market capitalization, was down about 4.22 percent on Wednesday. Its price was around $63,385 on Indian exchanges like CoinSwitch and around $59,612 on international exchanges. For the first time in the last few weeks, the price of bitcoin has fallen below $60,000. Ether was down by about one…
Recently, the Enforcement Directorate (ED) had caught the Fiewin gaming scam of $47.5 million (about Rs 400 crore). American crypto exchange Binance has claimed that its intelligence division had helped a lot in exposing this gaming scam. ED had declared it a fraud after catching suspicious transactions related to the Fiewin gaming platform. Binance has…
The cryptocurrency segment has grown rapidly in the last few years. The number of scam cases related to this segment is also increasing. The Delhi High Court has ordered the Ministry of Communications to remove 38 websites that are imitating a crypto firm. Last week, crypto firm Mudrex had filed a petition in the High…
The price of Bitcoin, the largest cryptocurrency in terms of market value, fell by about one percent on Friday. It was around $ 62,655 on Indian exchanges and around $ 59,022 on international exchanges. However, market analysts are positive for the upcoming weeks. Ether’s price fell by 0.11 percent. According to Gadgets360’s crypto price tracker,…
There is volatility in the crypto market ahead of the US presidential election. Bitcoin, the largest cryptocurrency in terms of market capitalization, was up by about 1.30 percent and about 2.15 percent on Indian and international exchanges on Monday. The price of bitcoin was around $ 66,375 on Indian exchanges and around $ 64,388 on…
Bitcoin, the largest cryptocurrency in terms of market capitalization, fell by about 0.77 percent on Friday. The price of bitcoin fell to $57,854 on international exchanges and around $60,708 on Indian exchanges like CoinSwitch. The producer price index (PPI) and unemployment rate in the US being higher than expected has also increased volatility in the…