WazirX

According to reports, the Indian cryptocurrency exchange WazirX released its fourth transparency report. During the period from October 2022 to March 2023, WazirX stated that it maintained a 100% compliance record for all requests received from law enforcement agencies (LEAs), and the requests received involved transactions with a total value of $390 million. In addition, WazirX actively identifies suspicious active accounts through third-party platforms and shares information with the Financial Investigation Unit (FIU-IND). Interpretation of this information: In recent years, India has witnessed the rapid growth of the cryptocurrency market,…

It is reported that the WazirX NFT trading market under the WazirX of the Indian Cryptocurrency Exchange announced its closure. Interpretation of this information: The news that WazirX NFT trading market, operated by the Indian Cryptocurrency Exchange, is shutting down has sent ripples across the entire industry. This comes as a surprise since NFTs have been in high demand lately and there has been significant growth in the market for non-fungible tokens (NFTs), especially in India. WazirX is one of the largest cryptocurrency exchanges in India and has witnessed explosive…