Indian exchange WazirX follows Binance in delisting USDC
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October.
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Indian authorities unfreeze millions in locked WazirX bank accounts
The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds.
Binance distances from WazirX as Indian regulators keep chasing crypto
The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity.
Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."
Why did WazirX token WRX jump 30% after India announced its big crypto tax?
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions.
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms.
WazirX, Presearch and Komodo rally after data shows a surge in user activity
A surge in user activity and new token listings allowed WRX, PRE and KMD to shake off the week-long crypto market downturn and post double-digit gains.
Binance-owned Indian exchange WazirX investigated for alleged AML failings
India's Enforcement Directorate will probe crypto exchange WazirX for alleged violations of AML laws and FEMA, in connection with crypto transactions worth $389 million.