Skip to main content

Indian crypto exchange CEO, COO move out to Dubai due to hostile digital asset policy

 Nischal Shetty and Siddharth Menon both co-founder of WazirX have left india along with their families for Dubai Shetty and Menon are CEO and COO at WazirX

Indian crypto exchange CEO, COO move out to Dubai due to hostile digital asset policy.jpg

The Binance-operated company the largest Indian crypto exchange by volume is among the many local trading venues that had seen a sharp fall in transactions since April 1 when the new crypto taxations rules became effective.

WazirX has addressed the media query in this regard with a statement that says the company is a remote-first and its executives can work from anywhere

“We are a remote-first organization with employees from over 70+ locations. This gives all the company employees the option to work from anywhere, subject to their comfort and convenience unless they are required to travel officially. WazirX is headquartered in Mumbai and Bengaluru, and there is no change in any of our operating procedures. It is business as usual,” Business Today quotes from the statement in its report.

Read full story at https://cryptounity.news/indian-crypto-exchange-ceo-coo-move-out-to-dubai-due-to-hostile-digital-asset-policy


Comments

Post a Comment

Popular posts from this blog

StarkWare is built into a unique ZK-Rollup Snap by MetaMask

  StarkNet is not yet natively compatible with MetaMask because it uses a different address and account structure than Ethereum this is not EVM compatible with the first-ever Layer 2 snap that makes ZK rollup compatible users now have better access to a permissionless decentralized network for quick cheap applications. We made a StarkNet dApp that lets users install the snap as well manage and add tokens that are based on StarkNet snap lets you manage StarkNet assets by making StarkNet keys from your MetaMask secret Recovery Phrase without having access to your MetaMask information. Read full news at:  http://cryptounity.news/starkware-is-built-into-a-unique-zk-rollup-snap-by-metamask
Post a Comment
Read more

Jack Dorsey's decentralized Bitcoin exchange published whitepaper

It’s no decentralized exchange in the most accurate sense of the word, but a peer-to-peer token swap platform under the oversight of Square. Jack Dorsey, co-founder, and CEO of both Square and Twitter published a white paper Friday detailing plans for Square’s decentralized Bitcoin(BTC) exchange tbDEX. Unlike most decentralized exchanges or tbDEX, DEXs will not utilize an untrustworthy model and hence will not feature their own governance token. instead, it is a message protocol designed to facilitate trust relationships without depending on a federation to control access. Read full story on  http://cryptounity.news/jack-dorseys-decentralized-bitcoin-exchange-published-whitepaper
Post a Comment
Read more

Crypto market in India tumble following the government bill announcement

 Regulatory discussions in India over the crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin and Ether. The Indian cryptocurrency market crashed soon as the parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. The bill seeks a legislative vote on creating an official digital currency while imposing a ban on all private cryptocurrencies. Read full story on http://cryptounity.news/crypto-market-in-india-tumble-following-the-government-bill-announcement
Post a Comment
Read more