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Home Crypto News

WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26

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August 23, 2024
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WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
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WazirX said the operating entity for its rupee-related activities, Zanmai Labs, was not affected by the attack and had sufficient reserves to cover the balances. It had to keep the remaining 34% of funds back, however, because of investigations by law-enforcement agencies, the company said. The timeline for the release of those frozen balances is unclear, it said.

Tags: AugIndianphaseRupeeStartingWazirXWithdrawals
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