Indian Crypto Exchange Mudrex Suspends Withdrawals Amid 200% User Base Growth

Crypto exchange Mudrex announced Sunday that it has temporarily suspended crypto withdrawals, citing compliance concerns and the need to prevent misuse by bad actors. Mudrex, a Bengaluru-based cryptocurrency exchange backed by Y Combinator, Better Capital and Woodstock Fund, has temporarily suspended withdrawals. The founder Alankar Saxena, in an X post on January 12, explained that…

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South Korea to sanction the exchanges of cryptography operating illegally

Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure The South Korean financial authorities plan to sanction and block access to several exchanges of cryptography abroad, in particular Bitmex and Kucoin, for having allegedly offered their services to Korean customers without registration. Crypto exchanges abroad are risk sanctions…

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