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Monday, August 02, 2021

WazirX

WAZIRX NEWS

Domestic cryptocurrency exchanges flounder as banks cut ties after RBI frown

July 02, 2021 12:22 pm

The exchanges are struggling to cope after the central bank, the Reserve Bank of India (RBI), which has said it does not favour digital currencies, out of concern over their impact on financial stability, informally asked banks to steer clear.

WazirX money-laundering probe: Yet to receive ED notice, compliant with all laws, says crypto exchange

June 11, 2021 9:18 pm

According to an ED statement, it initiated FEMA investigation on the basis of the ongoing money-laundering investigation into Chinese-owned illegal online betting applications.