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Ethereum World News 2022-04-19 13:48:57

WazirX, India’s Largest Crypto Exchange to Relocate to Dubai Due to India’s Restrictive Crypto Tax Laws

Local media reports that WazirX’s co-founders are moving to Dubai. Some team members continue to work remotely in Mumbai and Bengaluru. India’s heavy tax laws have been cited as the reason for the move. WazirX, India’s largest crypto exchange, will relocate to Dubai as a direct result of the heavy taxation on the crypto market. Sources with inside knowledge told media outlet Business Today that co-founders Nischal Shetty and Siddharth Menon had decided to shift bases. WazirX continues to have […]

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