Out of the total reserves held by CoinDCX, Rs 918 crore ($110.21 million) was kept in cold wallets and Rs 2,590 crore ($310.71 million) was held on the blockchain.
In an interview recently, Finance, Economic Development and Investment Promotion minister Mthuli Ncube warned businesses against using a rate above the official one.
Efficient governance at the third tier of government has been hampered by the overbearing influence of state governors who retain funds meant for them in joint accounts in the respective states.
Seychelles discusses collaboration on info exchange of tax purposes with Spain, Portugal and France seychellesnewsagency.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seychellesnewsagency.com Daily Mail and Mail on Sunday newspapers.