India’s Leading Crypto-Exchange WazirX Finally Responds to Tax Evasion Allegations

WazirX, a Binance-owned Indian cryptocurrency exchange, was recently found to be defaulting in its tax to the Indian government. Following a visit from the officers of India’s Goods and Services Tax and Central Excise (CGST) department on Monday, WazirX was deemed to be Rs.40.5 crore (about $6 million) short on its tax payments.