India Accuses WazirX of Tax Evasion, Future of Local Crypto Sector Remains Unclear

India’s largest cryptocurrency trading platform, WazirX, has been accused by the country’s authorities of tax evasion worth $5.4 million (40.5 crore rupees).

India Accuses WazirX of Tax Evasion, Future of Local Crypto Sector Remains Unclear

On December 31, the Mumbai office of the goods and services tax (GST) authority said that it tracked down Rs 49.20 crore from WazirX in taxes and penalties after a series of investigations on the platform’s transactions.

The firm, which

Source: blockchain.news

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