CoinDCX
Korea Crypto Tax Postponed, CoinDCX Looks to IPO
Korea’s KB Kookmin Bank develops virtual banking services. Imposition of Korea’s crypto tax postponed. India’s CoinDCX looking to IPO when legislation allows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
CoinDCX Becomes First Crypto Unicorn in India
Indian crypto exchange CoinDCX has raised 6.70 billion rupees (US$90 million) from investors to a total valuation above $1 billion, becoming the first crypto firm in the country to achieve unicorn status. Co-founder Neeraj Khandelwal discusses the implications of the achievement in the face of regulatory uncertainty relating to Indian officials' stance toward cryptocurrencies. Plus, highlights on the trends in Indian crypto markets.
CoinDCX CEO: “Practically Impossible” to Ban Bitcoin In India
India is currently being hit with a deadly second wave of COVID-19, and leaders in the crypto industry have been donating crypto to help purchase food and medicine. While the Indian government has been cracking down on crypto, Neeraj Khandelwal, CEO of Mumbai-based CoinDCX, thinks it’s too late to ban bitcoin in India.
