Binance-WazirX fracas adds to misery of crypto industry
The Binance-WazirX fracas has put a fresh question mark over the Indian crypto ecosystem amid a bear market and an aggressive tax regime that is styming growth, said crypto exchanges, retail investors and startups.
On August 5,
Directorate of Enforcement (ED) conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, which owns WazirX, and froze its bank accounts, blocking INR 64.67 crore.
Later,
in a series of tweets, Binance CEO
