WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
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The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.
Binance faces a demand for nearly $92 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban.
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.
North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX.
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.
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