India’s tax authorities have conducted searches at some of India’s biggest cryptocurrency exchanges including “Coinswitch Kuber, CoinDCX, BuyUCoin, and Unocoin after what they deemed tax evasion of Rs. 40.5 Crores (400 million INR or 6 million USD approx.) was detected at cryptocurrency exchange WazirX, according to sources with direct knowledge of the searches. Source link … [Read more...] about Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources
700M
Metaverse Company InfiniteWorld to Go Public in $700M SPAC Merger
“With up to $15 trillion of wealth expected to flow into digital assets over the next 10 years, we are witnessing the birth of a new global asset class and economic system,” Aries Chairman Thane Ritchie said in the statement. “InfiniteWorld’s unparalleled technology infrastructure underscores the transition of commerce to the digital world.” Source link … [Read more...] about Metaverse Company InfiniteWorld to Go Public in $700M SPAC Merger
Digital Currency Group Raises $700M in Investment Round Led by SoftBank, Attains $10B Valuation
The round included contributions from GIC Capital, Ribbit Capital and CapitalG, the private equity arm of Google’s holding company, Alphabet.Nov 1, 2021 at 12:24 p.m. UTCUpdated Nov 1, 2021 at 12:43 p.m. UTCDCG Founder, CEO Barry Silbert (CoinDesk archives) Source link … [Read more...] about Digital Currency Group Raises $700M in Investment Round Led by SoftBank, Attains $10B Valuation