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
Dozen
Morgan Stanley approves Bitcoin investments for dozen funds
American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday.“Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in Grayscale … [Read more...] about Morgan Stanley approves Bitcoin investments for dozen funds