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WazirX has fast-tracked the second phase of fiat withdrawals early, allowing eligible users to withdraw up to 66% of their INR balances. This comes amidst a six-month delay in crypto trading for users. Additionally, hackers have begun moving funds following a $230 million crypto heist. The WazirX-Binance dispute raises questions about why WazirX cannot use profits to repay users.
@MobiKwik Xtra users hit withdrawal snags as new #RBI rules trigger changes. Interestingly CRED has dealt with the same regulation in a better way. https://t.co/8zubijD300
WazirX-Binance dispute: Why can't #WazirX use profits to repay users after $230m crypto heist? @kpswathi breaks down the complex web. https://t.co/14y5W6eQGY
#Wazirx has accelerated Phase 2 of $INR withdrawals. Eligible users can now withdraw up to 66% of their INR balances. https://t.co/0Zo0i1PcJr