Indian cryptocurrency exchange WazirX on Monday said that India’s Enforcement Directorate (ED) has unfrozen its bank accounts after the exchange’s “active cooperation” and “active anti-money launderin...
Tag: WazirX
WazirX Bank Accounts Unfrozen, Continues to Cooperate With ED
WazirX has published an official blog post to clarify that it will continue cooperating with the Enforcement Directory in its actions against allegedly accused fintech companies and instant loan mobil...
Crypto Exchange WazirX Sees Assets Unfrozen Amid Indian Regulator’s Investigation
India’s Enforcement Directorate (ED) has unfrozen the accounts of crypto exchange WazirX, according to the exchange’s update. The exchange’s bank accounts were unfrozen following “active cooperation”...
India’s Financial Watchdog Unfreezes WazirX Accounts
India’s financial watchdog has unfrozen the bank accounts of one of the country’s largest cryptocurrency exchanges after it cooperated with investigations. The federal Enforcement Directorate (ED) had...
Indian Crypto Exchange WazirX Bank Accounts Free From ED
WazirX accounts Unfrozen by India’s Enforcement Directorate. Finance Minister brought the illegal loan apps with connections to China into the spotlight. WazirX, a cryptocurrency exchange, announced o...
India’s AML watchdog unfreezes accounts of crypto exchange WazirX
India-based cryptocurrency exchange WazirX has announced that the country’s anti-money laundering (AML) watchdog has “unfrozen” the crypto platform’s accounts. An update the crypto exchange published ...
WazirX Claims ED Lifted Banking Restrictions After Probe
WazirX, one of the largest Indian crypto exchanges on Monday announced that they had received relief from the Enforcement Directorate (ED). After cooperating with the anti money laundering agency, cry...
WazirX Co-Founder Seeks Funding For New Venture Valued at $220M
Nischal Shetty, co-founder of Indian crypto exchange WazirX, is raising capital for a new venture, despite his previous one coming under scrutiny from authorities. With the expectation of raising $20 ...
Binance distances from WazirX as Indian regulators keep chasing crypto
The Twitter exchange between WazirX co-founder Nischal Shetty and Binance CEO Changpeng “CZ” Zhao over the ownership of the Indian crypto exchange grabbed a lot of headlines in the first week of Augus...
Binance CEO’s Warning About Wazirx Wallets, Nigerian EFCC on Naira Depreciation, O’Leary Buys the Dip — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Another week has passed and developments in the Binance-Wazirx controversy continue, Nigeria’s Economic and Financial Crimes Commission (EFCC) claims it has identified individuals fueling the naira’s ...
After WazirX, Valud is Under ED’s Radar – Decoding The Complete Truth – Coinpedia – Fintech & Cryptocurreny News Media
The Singapore-based crypto-exchange company – Valud has come under the radar of the Enforcement Directorate of India (ED), the anti-money laundering agency of the country. ED in a press release state...
India: After WazirX, ED Attaches Assets Worth $46M From Crypto Exchange Vauld
On Thursday, reports underlined that the Indian Enforcement Directorate (ED) blocked bank assets worth Rs 370 crore (around $46 million) that belonged to the troubled crypto exchange Vauld. The news c...
Binance and WazirX CEOs Agree To Mitigate Conflict, Investors Experience Relief – Coinpedia – Fintech & Cryptocurreny News Media
Last week, the Enforcement Directorate (ED) commenced an investigation on one of the directors of Zanmai Labs Pvt Ltd and froze Rs. 64.47 Crore worth of bank assets belonging to the company. The situa...
Binance and WazirX reportedly in talks to settle their ownership dispute
The cryptocurrency exchange WazirX and Changpeng Zhao, the founder of Binance, may soon come to a resolution over their ongoing ownership issue. Apparently, the attorneys from both exchanges are worki...
Binance Distances Self from WazirX – crypto.news
Binance has distanced itself from embattled Indian digital assets exchange WazirX, as CEO Changpeng “CZ” Zhao has stated that Binance never completed the WazirX acquisition deal initiated in 2019, and...
Binance Asks WazirX Customers To Move Funds Amidst Fallout With The Firm
Crypto exchange Binance has informed customers of WazirX, its estranged partner, to move their funds to its platform. The crypto exchange says it will stop off-chain fund transfers for WazirX customer...
WazirX Says Not Responsible For User Misuse If Any, Amid Binance Spat
In the wake of Binance announcement on ceasing off-chain fund transfer channel with WazirX, the Indian exchange issued a statement. Last week, founders of both the companies have publicly spoken about...
Binance disables off-chain transfers between itself and WazirX
Crypto exchange Binance will no longer support off-chain fund transfers between itself and WazirX as the relationship between the two firms sours. The move, announced Monday, will take effect on Augus...
WazirX chief insists Binance bought the troubled crypto exchange
Binance chief Changpeng Zhao (CZ) has started a dispute with WazirX co-founder Nischal Shetty. Binance claimed to have acquired India’s largest crypto exchange in November 2019. Now, after the governm...
Binance Curtails Ties to WazirX Following Regulatory Probe
On-chain fund transfers will still work between Binance and WazirX Binance CEO Changpeng Zhao said the WazirX acquisition was never finalized Binance is further disengaging from Indian cryptocurrency ...
Binance to cease off-chain transfers for WazirX
Binance has announced plans to cease support for off-chain fund transfers between itself and WazirX, effective August 11. Users on the WazirX platform will not be able to transfer funds to Binance usi...
Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers
As reported by local news outlet The Economic Times on Monday, Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, although users will still...
Binance CEO Denies Having Any Stake in Troubled Indian Crypto Exchange WazirX
Changpeng Zhao has distanced himself from the entire event stating that Binance only provides wallet services to WazirX as a tech solution. India’s enforcement directorate (ED) has been recently condu...
Binance Terminates Fund Transfers Between WazirX
The world’s largest crypto exchange Binance on Monday said it will cease the off-chain fund transfer channel between WazirX and Binance. The move comes after some users claim that funds deposited in W...
WazirX Stuck in Tough Tides Between Regulators’ Scrutiny and Binance’s Ignorance
WazirX uses an auto-matching P2P (peer-to-peer) engine. More than 450 crypto trading pairings are available on the WazirX app. WazirX is an India-based most trusted and secured cryptocurrency exchange...
WazirX Tackles Ownership Dispute and ED Probe
WazirX recently got into a public spat with Binance after the latter claimed ownership, affecting over 15 million users as of August 2022. The dispute caught a spark after Changpeng Zhai, the Chief Ex...
Binance and WazirX Promise to Cooperate With ED on Ownership and ‘Shady’ Transactions
After the unanticipated public spat between Binance CEO Changpeng Zhao (CZ) and WazirX CEO Nischal Shetty on Saturday over the ownership of WazirX, most Indian business news platforms prominently prov...
Binance Denies WazirX Connection – Crypto Daily™
Binance CEO has claimed that his firm never finalized the deal to acquire major Indian crypto exchange WazirX. Binance Turns Away From WazirX Binance CEO Changpeng Zhao has again stirred controversy ...
Binance CEO Denies Claim that the Exchange Owns WazirX
Binance CEO Changpeng Zhao has denied that Binance had acquired Indian crypto exchange WazirX. The denial comes after Indian authorities had taken action against the exchange as part of an AML probe. ...
Binance Distances Itself From India’s Crypto Exchange WazirX
Binance’s CEO said his firm never completed a transaction to acquire major Indian exchange WazirX in 2019 WazirX’s co-founder Nischal Shetty has disputed those claims and said Binance operates crypto ...