Binance acquires Mumbai-based bitcoin exchange WazirX, sources say at ~$5M-$10M; Indian crypto exchanges have struggled due to the lack of regulatory clarity (Sanghamitra Kar/The Economic Times)

Sanghamitra Kar / The Economic Times:
Binance acquires Mumbai-based bitcoin exchange WazirX, sources say at ~$5M-$10M; Indian crypto exchanges have struggled due to the lack of regulatory clarity  —  Through this acquisition, Binance is expected to foray into the fledgling Indian market, which is counted among the top exchanges globally.

via Techmeme