WazirX, an India Crypto exchange, is now facing rough times as the financial watchdog of India, the Enforcement Directorate (ED), has frozen the company's
The Finance Ministry said in a notice on Tuesday that anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services
At its core, crypto is wild combination of contradictions. It’s nihilistic and idealistic; decentralised and dominated by a few mega-billionaires; trustless and faith-based; public and encrypted; transparent and inscrutable.
It is worth noting that several other cryptocurrency firms, especially crypto exchanges like CoinDCX, CoinSwitch Kuber, WazirX and others have been probed by the ED under PMLA.