Coinswitch Kuber

Bafna will take over the role from Jitendra Nagpal in Zepto around mid-May.

Indian crypto exchanges explore open source solutions after FTX fiasco

The industry players are currently figuring a way out to arrive at a consensus on taking the industry forward and ensure bad actors are waded out and exchanges can be verified

ED searches 5 premises 0f Coinswitch Kuber for alleged money laundering: Report

After WazirX, it appears that the Enforcement Directorate (ED) has now landed on the doorsteps of another cryptocurrency exchange Coinswitch Kuber.

Coinswitch launches Web3 discovery fund, to invest in 100 startups

The Web3 Discovery Fund will curate portfolio startups and provide access to marquee investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund and Elevation Capital (formerly SAIF Partners), and incubation partner Buidlers Tribe

Coinswitch appoints former Myntra executive Sudheer Tumuluru as crypto head of engineering

The appointment comes a day after Coinswitch announced a string of departures including those of CFO Sarmad Nazki and CBO Sharan Nair

ED summons crypto exchanges, seeks customer transaction details

This comes at a time when the crypto industry is grappling with declining volumes, tax and newly implemented TDS. The purpose of levying TDS on crypto transfers is to capture the details of all transactions related to virtual digital assets.

TDS on crypto transactions comes into effect, exchanges brace for implementation hitches

Crypto exchanges were strapped for time in meeting the responsibility placed on them of managing the logistics of TDS.

CoinSwitch Kuber ropes in Zilingo's former CFO Ramesh Bafna as finance head

In his previous roles, Bafna has worked with e-commerce companies such as Myntra and Flipkart and IT services major Wipro.

Bits to Billions | Meet the founders of Coinswitch, the app enabling millions of Indians to invest in crypto 

CoinSwitch, which helps retail investors invest in cryptocurrencies via an app, was founded in 2017 by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari as a global aggregator of cryptocurrency exchanges. Today, CoinSwitch lets users invest in dozens of other currencies. It became a unicorn in October last year when it raised over $260 million led by new investors Coinbase Ventures and top Silicon Valley fund Andreessen Horowitz. While cryptocurrency has had a tumultuous time in India because of uncertainty over regulation, it is gaining increasing traction as an investment avenue. Coinswitch's registered user base is 18 million, making it one of the largest crypto platforms in the country. The founders of Coinswitch spoke to Moneycontrol's Chandra R Srikanth about their journey, the early days, the volatility of crypto and their plans to become a full-fledged wealth-tech platform.

Indian exchanges delist Luna after its price crashed below $1

For the uninitiated, Luna’s downfall started when its sister token UST, which is also a stablecoin, was 'depegged' from its $1 value as big investors started dumping it.

Crypto payments frozen across India, take a toll on trading

Hours after Chatterjee’s announcement, the central bank-backed entity that runs the system — called United Payments Interface — said it was “not aware” of any crypto exchange using the network.

Crypto apps scrap UPI payment option post government announcement, users upset

Crypto trading platforms halted UPI payments after the National Payments Corporation of India (NPCI) put out a statement saying that it was “not aware” that UPI was being used to purchase cryptocurrency.

Coinswitch, CoinDCX seek to invest up to $200,000 in crypto, Web3 startups

Both crypto exchanges are in talks with the some start-up founders and likely to announce investments in the coming quarters.

ClearTax to allow users to manage crypto portfolio, optimise taxes

The fintech firm to tie up with crypto exchanges to help their customers adhere to the new tax norms and will also help investors get assistance from experts.

Crypto crash: No signs of panic selling, Indian investors holding on or buying the dip

Cryptocurrencies saw a massive fall on January 21 after the US Federal Reserve's decision to hike rates by March spooked global markets.

CoinSwitch Kuber appoints Ashish Chandra as general counsel

As general counsel, Chandra will be building a conducive legal framework for the business as crypto-asset adoption continues to grow.

India cannot risk being a late mover in accepting crypto: CoinSwitch’s Ashish Singhal

Speaking at the same event, Mrutyunjay Mahapatra, Member of the Governing Council of RBI Innovation Hub said that the systemic risk of denting political and social stability because of economic instability are creating concerns in the minds of the policymakers when it comes to cryptocurrencies.

Explained: All that we know about the upcoming Cryptocurrency Bill 2021

Industry experts and lawyers expect regulations to ensure better monitoring of crypto transactions and guidelines around penalties for fraudulent activities. Clarity is awaited on how crypto assets and related services will be taxed.

Crypto exchanges may slow down on advertising after concerns raised by Centre

The issue of curbing any non-transparent advertising on cryptocurrency trading was raised in the government meeting chaired by the Prime Minister and also in the meeting held between industry representatives and the Parliamentary Standing Committee on Finance.

Current crypto craze has the makings of another Tulip Mania

The cryptocurrency regulation bill is likely to come up before Parliament in the coming session. But any decision by the government will be hamstrung by the crores already in circulation.

Cryptocurrency job postings up 37% in August 2021 versus a year ago: Indeed data

Cryptocurrency job postings increased in August this year as compared to only a 13 percent year-on-year rise seen in August last year, as per data from Indeed. India ranks second in global cryptocurrency users.

CoinSwitch Kuber onboards Ranveer Singh as brand ambassador

Through this association, CoinSwitch Kuber aims to leverage Ranveer Singh’s mass appeal, along with his popularity among the Gen Z and millennial customers.

CoinSwitch Kuber turns unicorn, raises $260 million from Coinbase Ventures, a16z

Now India's second cryptocurrency unicorn, CoinSwitch Kuber plans to use the funds to hire talent across engineering, product and data functions besides launching more asset classes to spread awareness about cryptocurrency

Here's how Coinswitch founder Ashish Singhal will pitch to FM Sitharaman & RBI Guv Das

CoinSwitch Kuber Founder and CEO Ashish Singhal and Sequoia Capital MD Shailesh Lakhani spoke at TiE Delhi-NCR’s India Internet Day 2021. Singhal said that the government and the crypto ecosystem must work together and not risk missing out on being at the forefront of the revolution.

Storyboard | Dive into the seductive world of crypto advertising

Decoding how crypto exchanges are using mainstream and social media to fuel the crypto craze among more seasoned and young investors.