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India

India going after WazirX over its role in yet another $130M laundering scandal
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16 August, 2022

India going after WazirX over its role in yet another $130M laundering scandal

The Enforcement Directorate accuses WazirX of using an opaque management setup and poor KYC programs to allow exploitative loan apps...
India investigating ‘mysterious’ transactions between WazirX and Binance
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9 August, 2022

India investigating ‘mysterious’ transactions between WazirX and Binance

The Enforcement Directorate says that some of the transactions between the two are “cloaked in mystery” and could possibly have...
India freezes assets of Binance’s Indian exchange WazirX
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8 August, 2022

India freezes assets of Binance’s Indian exchange WazirX

Binance’s Indian offshoot WazirX has had its assets frozen by the country’s economic criminal investigation unit in yet another reputational...
India’s Goa to digitize police records with blockchain help
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5 August, 2022

India’s Goa to digitize police records with blockchain help

Once completed, the system will allow anyone to trace all old and new police records, including First Information Reports (FIRs)...
Kumaraguru Ramanujam: Using Bitcoin SV to send money across borders
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4 August, 2022

Kumaraguru Ramanujam: Using Bitcoin SV to send money across borders

Kumaraguru Ramanujam’s application, MoneySwipe, aims to bring down fees for sending money abroad from the current global average of 7%...
Reserve Bank of India approves firm to deploy blockchain solution for cross-border payments
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1 August, 2022

Reserve Bank of India approves firm to deploy blockchain solution for cross-border payments

Open Financial Technologies, an India-based neo-banking startup, is set to deploy its blockchain-based cross-border transaction monitoring solution after its approval...
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