CoinDCX’s Okto Self Custody Wallet Expands Internationally: Details

2023-10-08 04:54 AM by Alex Smith

CoinDCX has announced that it is expanding its self-custody wallet service named Okto outside of India to other international locations. To do so, the Indian crypto exchange has stitched its operations with Transak, which is a developer integration toolkit to let users buy/sell crypto in any app, website or web plugin. As per the exchange, …

CoinDCX Lays Off 71 Employees, Blames India’s Crypto Tax Impact on Business in Bear Market

2023-08-22 07:54 PM by Alex Smith

India’s CoinDCX crypto exchange announced the layoff of 12 percent of its workforce on Tuesday. A total of 71 staff members have been impacted by the decision. The crypto exchange, in its official statement, said that India’s TDS (Tax Deducted at Source) deductions on each crypto transaction has slowed down its business, especially during the …