CoinSwitch, CoinDCX exchanges cut staff amid market slump
Indian digital currency exchange Coinswitch is diversifying its financial products in an attempt to remain afloat, a move initiated following the termination of 8% of its workforce.
Indian digital currency exchange Coinswitch is diversifying its financial products in an attempt to remain afloat, a move initiated following the termination of 8% of its workforce.
The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed deposits.
In an interview with Reuters, CoinSwitch CEO Ashish Singhal says proper regulations for digital currencies are the only way to protect consumers and boost the sector.
The Indian festive season has kicked off and digital currency firms are spending big on ads seeking to market Bitcoin as the best gift this holiday season.
The Supreme Court lifted a ban imposed by the RBI on crypto, allowing crypto companies to access banking services. So, what are they up to now and what’s next?