Government sent out Show Cause notices to nine such Offshore Firms asking them to talk about their registration and compliances and since last week first their websites were blocked and then they were removed from the Apple Store and now the Google Place Store has also remove these apps. Bloomberg quoted Industry Experts saying nearly 4 Billion worth of Crypto Currency assets have been traded on offshore platforms and that could be a bunch of money that is evading taxes on indian Soiland Money that is evading taxes on indian soil and that is the reason. Remember, the Indian Government has been increasing and tightening oversight of virtual digital assets. In 2022 they imposed heavy taxes on trading as well as profits on digital virtual Assets Post which many users moved away from local platforms which asked for more stringent know your Customer Guidelines to Offshore Firms like finance and