
WazirX Announce USDC Delisting, Auto-Converting to BUSD
This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.
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This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.
The crypto exchange also distanced its operations with any of the alleged accused fintech and instant loan app entities.
India’s Enforcement Directorate is investigating several crypto exchanges, in addition to WazirX, for aiding to launder money for the accused firms with China link.
Changpeng Zhao has distanced himself from the entire event stating that Binance only provides wallet services to WazirX as a tech solution.
Crypto trading volumes on several crypto exchanges in India plummeted as much as 72%, possibly tied to a new 30% profit tax law.