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While most of the cryptocurrency market was dealing with insolvency, Binance was dealing with an ownership battle with WazirX. Once again, the exchange was making The ongoing dispute between the global cryptocurrency exchange Binance and Zanmai, the operator behind the Indian cryptocurrency exchange WazirX, continues with a In an apparent move to cut ties with the Indian crypto exchange, Binance has stopped offering wallet services to WazirX. The move comes after months of public arguments between Zanmai Binance, the biggest crypto exchange globally, has discontinued its wallet support for WazirX, an Indian cryptocurrency platform, due to false claims made by Zanmai Binance has stopped providing wallet services to WazirX, asking the Indian crypto exchange to withdraw any remaining assets held in Binance wallets.

Binance Restricts WazirX from Employing Wallet Services: What's Happening?

The ongoing dispute between the global cryptocurrency exchange Binance and Zanmai, the operator behind the Indian cryptocurrency exchange WazirX, continues with a significant development. In an apparent move to cut ties with the Indian crypto exchange, Binance has stopped offering wallet services to WazirX. The move comes after months of public arguments between Zanmai.

Binance Discontinues Wallet Support for WazirX Amidst Ownership Battle

Binance, the biggest crypto exchange globally, has discontinued its wallet support for WazirX, an Indian cryptocurrency platform, due to false claims made by Zanmai. This decision marks a significant escalation in the already strained relationship between the two exchanges.

Why Did Binance Restrict WazirX's Wallet Services?

While most of the cryptocurrency market was dealing with insolvency, Binance was dealing with an ownership battle with WazirX. Once again, the exchange was making waves. Binance has stopped providing wallet services to WazirX, asking the Indian crypto exchange to withdraw any remaining assets held in Binance wallets.

Key Takeaways: Binance and WazirX Dispute

  • Binance has restricted WazirX from using its wallet services.
  • The decision stems from a prolonged dispute between Binance and Zanmai, WazirX's operator.
  • Binance cites false claims made by Zanmai as a contributing factor.
  • WazirX is required to withdraw remaining assets from Binance wallets.

This latest development raises questions about the future of the partnership between Binance and WazirX and its potential impact on Indian crypto users. Stay tuned for updates as this story develops.

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