Binance demanded WazirX ‘lie publicly’ to clear CZ’s name in leaked emails: report
Binance sent an email a week ago demanding that WazirX publicly take back all statements about its ownership, but WazirX owners refused the “unethical” order.
Latest WazirX News
India’s WazirX lays off 40% of workforce as trading volume plummets
WazirX will lay off as many as 70 employees, many of whom were assured of their job security just months prior as "crypto winter" and Binance spat take their toll.
India freezes $1.5M of laundered funds linked to mobile gaming scam
The Enforcement Director D froze a wallet containing 77 BTC, which was bought through WazirX and later transferred to Binance by the operators of E-Nuggets mobile gaming scam.
India going after WazirX over its role in yet another $130M laundering scandal
The Enforcement Directorate accuses WazirX of using an opaque management setup and poor KYC programs to allow exploitative loan apps to launder millions between India and China.
India investigating ‘mysterious’ transactions between WazirX and Binance
The Enforcement Directorate says that some of the transactions between the two are “cloaked in mystery” and could possibly have violated foreign exchange laws.
India freezes assets of Binance’s Indian exchange WazirX
Binance’s Indian offshoot WazirX has had its assets frozen by the country’s economic criminal investigation unit in yet another reputational blow to the scandal-plagued digital currency exchange.
India’s economic crime agency questioning digital asset exchanges: report
The Directorate of Enforcement has been questioning executives at CoinSwitch Kuber, CoinDCX, and WazirX regarding violating foreign exchange regulations.
India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more
Investors and traders are bearing the strict regulations on digital currency in India—with some transferring their digital currencies to overseas wallets and opening accounts abroad.
Binance booted out of Ontario while India subsidiary busted over alleged tax evasion
In Canada, the Ontario securities regulator announced that Binance wasn’t authorized to offer services in the province; meanwhile in India, WazirX exchange was accused of evading of $5 million in taxes.
India digital currency sector to add $184B to economy by 2030: report
India could see some 800,000 people employed in the digital currency industry, which is expected to hit $241 million by 2026 and add $184 billion to the economy by 2030.
Digital currency firms in India go big on ad blitz for festive season
The Indian festive season has kicked off and digital currency firms are spending big on ads seeking to market Bitcoin as the best gift this holiday season.
Digital currency in India: Is there hope for the industry?
The Reserve Bank of India still maintained its stance that digital currencies can lead the country into financial stability, even though it plans on launching its own digital currency.