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The Finance Ministry in March had said entities dealing in VDAs, crypto exchanges and intermediaries would be considered

(This story has not been edited by THE WEEK and is auto-generated from a PTI

As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX and Coinswitch, have registered themselves with the Financial Intelligence Unit-India (FIU-IND), Finance Ministry said on Monday.

Few businesses in the cryptocurrency space have been able to captivate investors' and fans' attention as much as CoinSwitch. The transition of the Indian crypto unicorn from a successful company in the fiscal year 2021 to a losing venture in 2022 has sparked debates about the workings of the crypto market.

The Directorate General of GST Intelligence (DGGI) recent crackdown on nearly half a dozen of Cryptocurrency service providers in India has brought the focus

The Directorate General of GST Intelligences (DGGI) recent crackdown on nearly half a dozen of Cryptocurrency service providers in India has brought the focus back on the need for clarity on how cryptocurrencies and related services should be taxed.

After GST evasion worth Rs 40.5 crores was detected from cryptocurrency exchange WazirX, offices of major service providers across the country are being searched by Directorate General of GST Intelligence officials, official sources told ANI.

Directorate General of GST Intelligence has reportedly come down heavily on Cryptocurrency exchanges operating in the country,

After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.

After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.