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CoinDCX and Koinex merge to propel crypto adoption in India

CoinDCX and Koinex have merged to navigate regulatory hurdles in India. Seamless transition for Koinex users to access assets via the CoinDCX platform. CoinDCX reaffirms its commitment to the Web3 community, remaining open to further partnerships. In a strategic move to navigate regulatory uncertainties hindering the cryptocurrency landscape in India, India’s leading crypto exchanges CoinDCX…


  • CoinDCX and Koinex have merged to navigate regulatory hurdles in India.
  • Seamless transition for Koinex users to access assets via the CoinDCX platform.
  • CoinDCX reaffirms its commitment to the Web3 community, remaining open to further partnerships.

In a strategic move to navigate regulatory uncertainties hindering the cryptocurrency landscape in India, India’s leading crypto exchanges CoinDCX and Koinex have announced a merger. The collaboration aims to address the challenges faced by users while fostering crypto adoption in the country.

The merger ensures a seamless transition for Koinex users to access their assets through the CoinDCX platform, emphasizing support for the Web3 community and commitment to regulatory compliance.

Seamless transition for Koinex users

Existing Koinex users can expect a smooth transition process as they migrate to the CoinDCX platform. With a focus on user convenience, assets will be automatically transferred for those with existing CoinDCX accounts and matching KYC details.

W̴h̴e̴n̴ ̴c̴a̴n̴ ̴I̴ ̴a̴c̴c̴e̴s̴s̴ ̴c̴r̴y̴p̴t̴o̴ ̴a̴s̴s̴e̴t̴s̴ ̴l̴y̴i̴n̴g̴ ̴o̴n̴ ̴K̴o̴i̴n̴e̴x̴?̴

You don’t need to ask this question anymore!

Access all your @koinexindia crypto assets on CoinDCX.

How? Read more – https://t.co/hdx3SwW2zs

— CoinDCX: India’s Safest Crypto Platform (@CoinDCX) February 13, 2024

For users requiring KYC verification or without matching details, a straightforward onboarding process is in place to facilitate access to their assets. A dedicated customer support desk has also been established to provide personalized assistance throughout the integration process, ensuring a hassle-free experience for users.

CoinDCX, as India’s leading and FIU-compliant exchange, reaffirms its commitment to fostering a secure and transparent Virtual Digital Asset (VDA) ecosystem in the country. The merger with Koinex underscores CoinDCX’s dedication to providing a robust platform for crypto enthusiasts while navigating regulatory challenges. Moreover, the company remains open to further partnerships that enhance value for users and contribute to ecosystem growth.

By merging forces, CoinDCX and Koinex aim to not only address the immediate concerns of users but also to contribute to the long-term growth and development of the cryptocurrency ecosystem in India. This strategic move emphasizes the importance of collaboration and innovation in overcoming regulatory hurdles, paving the way for broader acceptance and usage of cryptocurrencies in the country.


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Germany’s AfD party proposes Bitcoin as strategic asset

The AfD party is urging Germany to treat Bitcoin as a strategic national asset. The AfD Bitcoin reserve motion seeks MiCA exemption and clear, favorable tax rules. AfD is pushing Bitcoin as “state-free money” to boost sovereignty. Germany’s Alternative for Germany (AfD) party has put forward a parliamentary motion urging the government to recognize Bitcoin…


Germany's AfD party proposes Bitcoin as strategic asset

  • The AfD party is urging Germany to treat Bitcoin as a strategic national asset.
  • The AfD Bitcoin reserve motion seeks MiCA exemption and clear, favorable tax rules.
  • AfD is pushing Bitcoin as “state-free money” to boost sovereignty.

Germany’s Alternative for Germany (AfD) party has put forward a parliamentary motion urging the government to recognize Bitcoin as a strategic asset.

The short, forceful proposal argues Bitcoin deserves distinct treatment from other crypto-assets and calls for tax and regulatory relief to bolster innovation and national sovereignty.

The Bitcoin strategic reserve motion by AfD

The AfD motion urges lawmakers to treat Bitcoin differently from tokens and stablecoins covered by the EU’s Markets in Crypto-Assets (MiCA) framework.

It argues Bitcoin’s decentralised design and fixed supply make it a unique form of digital value that should not be shoehorned into rules intended for centrally issued crypto instruments.

The party explicitly proposes that the government consider accumulating Bitcoin within national reserves as a hedge against inflation and currency volatility.

A central demand in the motion is tax certainty.

AfD lawmakers want to preserve the existing 12-month holding exemption for private capital gains and maintain Bitcoin’s exemption from VAT.

They also call for private mining and running Lightning Network nodes to be clearly classified as non-commercial activities, reducing administrative burdens for individual participants.

The motion stresses the right to self-custody and warns that legal uncertainty deters long-term private investment.

AfD frames the proposal as part of a broader defence of digital sovereignty.

The party opposes a European digital euro and portrays Bitcoin as “state-free money” that can protect liberties and reduce dependence on centrally issued currency instruments.

The motion arrives amid debate over Germany’s decision in mid-2024 to sell nearly 50,000 BTC seized from criminal proceedings — an action AfD and others now characterise as a policy mistake given subsequent price movements.

The proposal argues that heavy-handed national implementation of MiCA risks capital flight and diminishes Germany’s standing in blockchain innovation.

AfD lawmakers say excessive rules will push firms and talent to friendlier jurisdictions, eroding competitiveness in a field with rapidly evolving technology and commercial models.

AfD also highlights potential synergies between Bitcoin and energy policy.

The motion suggests that productive uses of excess renewable supply — including mining — could create a technological and economic fit between Germany’s energy transition and the Bitcoin network.

The party frames state accumulation of Bitcoin as a prudent diversification of reserve assets, drawing parallels to moves and proposals in other European countries that have discussed or adopted similar approaches.

Beyond urging a strategic statement from the federal government, the motion seeks concrete commitments: keep tax advantages intact, exempt certain private operations from commercial classification, enshrine self-custody rights, and open study of Bitcoin’s role in reserves and energy integration.

AfD wants the Bundestag to formally recognise Bitcoin’s distinct status and to restrain national rule-making that would extend MiCA beyond its intended scope.

The reaction from the public

Supporters in crypto circles welcomed the proposal as a sign that mainstream political debate is shifting away from dismissive tropes about digital currencies.

Critics, however, worry the plan could politicise reserve policy or clash with EU regulatory intent.

Observers note that Germany occupies an outsized spot in Europe’s economy, so any move to treat Bitcoin strategically would reverberate across markets and policy debates.

As Bundestag review AfD’s motions and the larger question of how national policy should sit alongside EU rules, whether the proposal gains traction depends on cross-party calculation about economic benefits, sovereign risk, and regulatory coherence.


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