DigiVault supports over 1,000 digital assets across 120 plus blockchains, co-founder Ashish Singhal has told Moneycontrol. The product’s pricing will be customisable, aimed at institutional customer holdings of at least $10,000 or over Rs 10 lakh
At present, CoinSwitch is also pursuing legal action against WazirX to recover 2 percent of its funds that are stuck with WazirX, cumulatively amounting to Rs 12.4 crore in INR.
Balaji Srihari, Business Head, CoinSwitch said, “Given what has happened in the Indian crypto industry recently, we need to be more transparent and accountable to our users.”
CoinSwitch cofounder Ashish Singhal claims that his platform identified the transfer of $72.13 million worth of crypto to Bybit and $1.5 million to KuCoin, originating from WazirX.
Lemonn’s features include zero-trading brokerage for 3 months, and zero fees for account opening, curated industry-based stock offering and it will also have a detailed glossary explaining all financial and market-related terms.
The crypto exchange was charged with operating an unlicensed money transmitter business, conspiring, and breaching sanction regulations, among others.
Crypto exchanges and industry experts welcomed IMF-FSB synthesis paper’s stance on reducing data gaps, focus on understanding the digital asset.
Fitness goal for 2024: Acquiring one new skill every quarter. concentrating on improving tennis-playing and swimming abilities.
CoinSwitch plans to launch at least seven financial products, including fixed deposits, mutual funds, bonds, stocks and exchange-traded funds, by the end of this year, said Ashish Singhal, co-founder and CEO of the crypto investment platform.
CoinSwitch's total crypto and fiat holdings stood at Rs 1,944.8 crore, which is 6.7 times more than its user holdings.