Binance says it doesn’t own Indian exchange WazirX, years after acquisition announcement

Binance says it doesn’t own Indian exchange WazirX, years after acquisition announcement

a year ago
Anonymous $33nAR-2OaA

https://techcrunch.com/2022/08/05/binance-says-it-doesnt-own-indian-exchange-wazirx-years-after-acquisition-announcement/

Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago.

Changpeng Zhao, founder and chief executive of Binance, said in a series of tweets that the company has been “trying to conclude the deal for the past few years,” but hasn’t completed the transaction yet citing “a few issues” that he declined to elaborate.