Changpeng Zhao (CZ), CEO of Binance, the world’s largest cryptocurrency exchange, stated that they will keep off-chain transactions active for a while with the Indian crypto exchange WazirX.
Changpeng Zhao, CEO of Binance 6 August on Twitter on in the statementBinance’s WazirX of the system code, of operations and of the distribution your transfers February He said he had requested it. However, these demands of WaxirXi refused hence on Binance’s WazirX systems don’t have controlwith Binance partnership and apparently in collaboration with Indian regulators. not stated.
In the famous CEO shares, users on WazirX the assets found Transfers to Binance stated that it should. Also, WazirX wallets technically disabled but they can leave users because they don’t want to get hurt they didn’t expressed.
On Binance’s official bulletin board 8 August According to the announcement published on Binance August 11 with WazirX until off-chain fund transfers will continue to support.
Indian cryptocurrency exchange WazirX August 5th Immediately after the police raid on suspicion of carrying out money laundering and terrorist financing crimes on who owns the property Speculation spread that it was. WazirX founder Nischal Shettyclaims that the company was acquired by Binance, although these claims were made by Changpeng Zhao. denied.