Binance, the world’s largest cryptocurrency exchange, has stopped providing wallet services to Indian crypto exchange WazirX, asking it to withdraw any remaining assets held in Binance wallets no later than 11:59 PM UTC, Feb. 3.
Binance said in a Friday blog post that it is terminating its wallet services to WazirX due to misleading statements about the two companies’ relationship made by Zanmai Labs, the entity operating the Indian exchange.
According to Binance, Zanmai was offered a choice between retracting “false public statements” or ending the two companies’ collaboration. Binance added that it was terminating the partnership as it hasn’t received a satisfactory response from Zanmai.
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