WazirX Resumes INR Withdrawals Following Security Breach Announcement

Saturday, 24 August 2024, 06:30

WazirX announces the resumption of INR withdrawals on August 26, 2024, following a significant security breach. The exchange aims to restore trust and security for its users. This news reflects the ongoing challenges in cryptocurrency regulations in India.
Livebitcoinnews
WazirX Resumes INR Withdrawals Following Security Breach Announcement

Background of the Security Breach

In recent weeks, WazirX experienced complications due to a *security breach*, raising concerns among users regarding the safety of their funds.

Resumption of INR Withdrawals

Starting August 26, 2024, WazirX plans to resume Indian rupee (INR) withdrawals.

Key Measures to Address Security

  • Enhanced security protocols implemented
  • User accounts undergoing additional verification
  • Continuous monitoring for unusual activity

Implications for Users

This decision marks a significant step in rebuilding trust with its user base, as *WazirX* continues to navigate the complexities of cryptocurrency regulations in India.


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.


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