Coinswitch Kuber

Apple has pulled apps of at least nine crypto exchanges, including Binance and Kraken, from its App Store in India, less than two weeks after most of these global firms…

Apple pulls Binance, Kraken, other crypto apps from India App Store

The trading volume at top Indian crypto exchange WazirX fell to $1 billion in 2023 as the platform faced intensifying regulatory pressure in its home market alongside a broader slump…

WazirX volume falls off a cliff amid India’s crypto scrutiny

India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, the latest in a…

India probing ‘several’ crypto cases for money laundering, seizes over $115 million

India’s tax rules on crypto, which went into effect last April, have resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according…

India’s crypto tax pushing traders to foreign exchanges

Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key…

Binance chief says crypto exchange doesn’t see viable business in India

The complex onboarding and user experience is the price people pay to use decentralized apps — and it’s also one of the reasons most are not using those services. A…

CoinDCX launches platform to make DeFi apps accessible to masses

India’s financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday, alleging the crypto exchange startup violated forex laws, four people familiar with the matter…

India alleges a16z-backed CoinSwitch violated forex laws, searches offices

The leading influential technology lobby group in India is turning its back on advocating for crypto in a major setback for the local ecosystem in the South Asian nation. Internet…

Top Indian tech advocacy group drops crypto over regulatory uncertainty

CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expand…

Indian crypto exchange CoinDCX tops $2 billion valuation in new $135 million funding

Coinbase is beginning to add support for payment instruments UPI and IMPS in India, making its crypto exchange broadly functional in the world’s second largest internet market for the first…

Coinbase makes India push with support for UPI payments

India’s proposed taxation law of virtual digital assets won’t permit individuals to offset loss on one asset against profit from another, the Ministry of Finance said Monday in a move…

India won’t allow offsetting loss on one crypto with profit from another

The Indian government “strongly feels” that advertisements by cryptocurrency exchanges that promise customers wild profits and are not transparent about the volatile nature of such trading must be prohibited, according…

India eyes prohibiting irresponsible crypto ads

Andreessen Horowitz and Coinbase Ventures have minted a new unicorn in India: CoinSwitch Kuber. The two firms have co-led a $260 million investment in the Bangalore-based cryptocurrency trading startup, valuing…

a16z backs CoinSwitch Kuber in first India investment

A16z is inching closer to making its first investment in a startup in India, the world’s second-largest internet market that has produced over two dozen unicorns this year. The Menlo…

A16z in talks to back CoinSwitch Kuber in first India investment

Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter…

Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation

CoinSwitch Kuber, a startup that allows young users in India to invest in cryptocurrencies, said on Thursday it has raised $25 million in a new financing round as it looks…

Tiger Global backs Indian crypto startup at over $500M valuation