WazirX Archives

Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

Laws

28 crypto/ VDA platforms register with FIU-India to comply with PMLA...

Team PGurus - December 4, 2023 0

Offshore crypto exchanges must register with India’s FIU: Finance Ministry As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX, and...

Shetty said that the startup is raising seed funds, and will soon make it official once the round is completed

Investing

WazirX co-founder Nischal Shetty to raise up to $20 mn for...

PGurus Newsdesk - August 23, 2022 1

Shardeum seeking to raise $20m-$30M seed fund at $200m valuation Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is raising $17-$20 million funding round...

Mumbai-based crypto exchange WazirX was on ED’s radar for the past year and got an Rs.2,790 cr worth of show cause notice for alleged contravention of the FEMA

Law and Order

ED freezes Rs.64-cr funds of India’s major crypto exchange WazirX for...

Team PGurus - August 6, 2022 0

ED conducts raids on director of WazirX crypto exchange, freezes assets worth Rs.64 crore The Enforcement Directorate (ED) on Friday said it has frozen Rs.64.67...

After the news of an upcoming ban on all private crypto currencies in Crypto Bill broke out last week, several investors started pulling out their money from various crypto exchanges

Investing

What will happen to crypto investments worth crores once Govt bans...

PGurus Newsdesk - November 28, 2021 0

Crypto currency ban: Government would be in tough situation to answer Investors Government is all set to introduce the much-awaited ‘Cryptocurrency and Regulation of Official...