Post WazirX Hack Crypto Faces An Image Problem In India, Admits CoinDCX CEO Sumit Gupta

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The Wazirx Hack, which has witnessed the reputable North Lazarus Group for $ 235 million of encryption exchange, in particular, affected the feelings of Indian encryption investors. After hacking, users moved to more reliable platforms. In an interview published on May 5, 2025, Sumit Gobta, CEO of CoINDCX, an exchange of encryption based in India, … Read more

India’s CoinDCX CEO Is Hoping For Relaxation On Crypto Taxation In Budget 2025. And Can CoinDCX Acquire WazirX?

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“I hope cryptocurrencies get some mention in this Budget and some relaxation is given on taxation of cryptocurrencies,” said Sumit Gupta, CEO and co-founder of CoinDCX, one of India’s leading cryptocurrency exchanges, speaking to local media. Gupta stressed that India must not shy away from regulating cryptocurrencies, but rather take a leadership role in shaping … Read more