OKX digital asset exchange shuts India operations
In an X post, OKX asked Indian users to close all their margin positions and positions in perpetuals, futures, and options and withdraw funds from their accounts by April 30.
In an X post, OKX asked Indian users to close all their margin positions and positions in perpetuals, futures, and options and withdraw funds from their accounts by April 30.
India's budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual digital assets and dedicated funds from the government for indigenous blockchain projects.
The Directorate of Enforcement has been questioning executives at CoinSwitch Kuber, CoinDCX, and WazirX regarding violating foreign exchange regulations.