Cryptocurrency News

Binance distances from WazirX as Indian regulators keep chasing crypto

08/16/2022

Less than a minute

2022.08.16 05:46

Binance distances from WazirX as Indian regulators keep chasing crypto

The Twitter (NYSE:TWTR) 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 August.

WazirX was reportedly acquired by Binance in 2019, and ever since then, the Indian crypto exchange has been referred to as “Binance-owned”; however, to everyone’s surprise, CZ took to Twitter to claim that the acquisition process never went through and Binance has no ownership in the Indian crypto exchange.

08/16/2022

Less than a minute

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