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Debashis Ghosh

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A few days back, the Indian tech industry association, IndiaTech which represent major crypto firms from the crypto industry like WazirX, CoinDCX and CoinSwitch Kuber, etc wrote a letter to the country’s Finance Miniter, Nirmala Sitharaman seeking a proper clarification on the administration’s stance on the current crypto firm operating laws and the tax laws imposed on the crypto industry in the country. IndiaTech further requested the government to introduce the impending Crypto Bill in…

In September 2020, the Morris coin ICO fraud was all over the news when the Malappuram district police arrested Nirshad, who was a 36 years old man suspected to be the mastermind behind the whole operation. According to the police, Nirshad had staged the whole Morris coin crypto ICO scam where the fraud company based in Bangalore had promised its investors that they would receive a daily return of ₹270 over 300 days and in…

One of the largest crypto exchanges of India, WazirX was recently all over the news for all the wrong reasons. As per the GST department of the Mumbai zone, an investigation was led against WazirX to look into its accounts where it had spotted an alarming tax discrepancy of about Rs 40.5 crore. Well, the issue was settled immediately as WazirX quickly cleared the outstanding tax along with the penalties which rounded up to a…

First of all, we would like to start by wishing all of you, Happy New Year! May 2022 be an extraordinary year for you, your family and as well as your friends. May this be a prosperous year for all.🥳🥳 Once again Iran’s mining industry is under a ban by the government and the reason is the same as the last time, Iran’s Power Generation and Distribution Company (known as TAVANIR) is failing to meet…

Hey there guys, you may have heard that the world largest crypto exchange, Binance was in talks with the Dubai and Abu Dhabi administration for some time now. So, that it could expand into the Arab region. But the surprise factor happened when on December 20, an announcement was made by Binance that Binance and Dubai’s World Trade Centre has officially struck a deal regarding the regulations and management of virtual assets. What does this…

Hello guys, if you people can remember we had already done articles on how crypto was rapidly being adopted around the world in different fields. The last article on this was on how crypto is being adopted throughout the sports world and now again, we are back with a new one which is about Dogecoin being accepted by Tesla. Yes, you read that right. Tesla, the very same company which previously started accepting Bitcoin as…

We are sure that most of you from the crypto sphere already know the name of El Salvador. Well, why wouldn’t you? After all, it was the first country to go against all odds to adopt Bitcoin as a legal tender. Thus, becoming a prime example to the world on crypto adoption. Well, this did not end here, the country’s President Nayib Bukele later further announced that the government is planning to harness the safe…

Singapore’s largest crypto exchange, Bitget was ordered to shut down all operations yesterday by Singapore’s crypto regulatory authority. The country’s regulators found out that the famous crypto exchange, Bitget which also stands out for promoting and sponsoring the Italian soccer team, Juventus was falsely promoting a new coin named the Army coin. After the official suspension, Bitget was forced to comply by removing all of its advertisements from all social media platforms and the Singaporean…

Yup guys, no need to read the heading twice. We really mean it when we say that the new Covid-19 variant is proving to be beneficial for the crypto market. Well, not totally beneficial for the market but beneficial in some ways. Now, you guys must be surely wondering that how come such grave news like the upcoming new Covid variant can help the crypto market in any way at all, right? It is true,…