TechFlow, June 6 — According to TechinAsia, Vivek Gupta, Chief Technology Officer of Indian cryptocurrency exchange CoinDCX, will leave the company by the end of June 2025. Gupta joined CoinDCX in 2020 as Executive Vice President of Technology and was promoted to CTO in 2023. It is also reported that the company's legal head will depart around the same time.
This leadership change comes as CoinDCX faces multiple challenges: a 45.27% decline in net profit for the fiscal year 2024, upcoming regulatory rules for cryptocurrencies planned by the Indian government, and the company’s ongoing expansion into the Middle East and North Africa to mitigate domestic regulatory pressures.
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