Binance severs ties with Indian crypto exchange WazirX By Cointelegraph

The debacle between the global cryptocurrency exchange Binance and Zanmai, the operator behind the Indian cryptocurrency exchange WazirX, continues, with a new blog post stating that Binance is banning the latter from utilizing its services.

On Feb. 3, Binance released a post that acknowledged the ongoing “public debate” with Zanmai over its claims of Binance involvement in running WazirX. Binance said on Jan. 26 it had given WazirX the ultimatum of retracting its statements and continuing using Binance wallet services or terminating its usage.