Virtual Digital Assets (VDAs), or cryptoassets, are making significant business and regulatory strides globally. Their inclusion in the Finance Track of G20 discussions during India’s G20 Presidency emphasized the need for a unified regulatory approach. This led to progress in many G20 countries, especially in areas like anti-money laundering, countering financing of terrorism, and consumer […]

Here’s a New Year gift you don’t want to miss! Today, we’re launching ‘CoinSwitch Cares,’ a ₹600-crore recovery program to aid users impacted by the alleged cyberattack on WazirX in July 2024. The program offers affected users an opportunity to recoup losses and give a boost to the Indian crypto ecosystem. Enroll in the program […]

The intersection of policy and market sentiment became strikingly evident in the year 2024, as Donald Trump’s re-election to the U.S. presidency ignited a pro-crypto asset wave that pushed Bitcoin – the largest digital asset by market cap – past the $100k mark. This remarkable milestone underscored the impact of supportive administration on market dynamics […]

At CoinSwitch, we believe that knowledge is the cornerstone of empowerment, especially when it comes to navigating a dynamic space like crypto. To bring the foundational principles of Bitcoin closer to the people, we’ve taken the initiative to translate the Bitcoin (BTC) Whitepaper into 10 regional Indian languages: Hindi, Bengali, Marathi, Telugu, Tamil, Gujarati, Urdu, […]

We publish our proof of reserves every year. This year, we’re publishing it for the second time. As you may recall, when the crypto exchange WazirX allegedly faced a cyber attack, a small percentage of our funds were also stuck on the exchange. To make sure that our user funds are safe, we used our […]

The global anti-money laundering and combating the financing of terrorism (AML/CFT) watchdog – the Financial Action Task Force (FATF) — discussed and adopted India’s Mutual Evaluation Report (MER) at its plenary in Singapore in June 2024. The report was made public on September 19. The plenary concluded that India has reached a high level of […]

At CoinSwitch, our core mission is to make every customer feel genuinely valued and supported. We’re passionate about going above and beyond to meet their needs. Here’s a story illustrating how we turn challenges into victories and stay true to our promise of exceptional service. Pradeep, a customer in urgent need of funds, had been […]

It’s been over a month since WazirX, a major crypto exchange operating in India, claimed that a cyber attack on their platform led to the theft of $230 million (~ Rs 2000 cr) worth of funds. We have attempted to be in regular touch with WazirX since the day of the incident but have not […]