WazirX Obligated to Disclose Wallet Addresses Following Court Order
Thursday, 26 September 2024, 08:26
WazirX's Mandate from the Singapore Court
In a groundbreaking ruling, WazirX has been ordered by the Singapore court to make its wallet addresses public. This pivotal decision aims to enhance investor transparency and accountability within the cryptocurrency space. The court's judgement highlights the growing scrutiny on digital asset exchanges.
Compliance Requirements for WazirX
- WazirX must disclose its wallet addresses to the public.
- Address user queries that arose during court discussions.
- Release comprehensive financial information related to its operations.
This ruling sets a precedent for how cryptocurrency platforms may operate in the future, fostering a sense of trust among users.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.