Cryptocurrency Q&A
Who is the parent company of WazirX?
Who is the parent company of WazirX?
CoinMasterMind
Tue Oct 08 2024
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5 answers
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I'm curious to know, who exactly stands as the parent company behind the popular cryptocurrency exchange WazirX? It's a crucial aspect for investors and traders alike to understand the broader corporate structure and potential influences that may shape WazirX's operations. Could you please shed some light on this matter? It's important for us to have a clear picture of the hierarchy and ownership structure when dealing with financial platforms like WazirX.
5 answers
Stefano
Thu Oct 10 2024
The ownership structure of WazirX, a prominent cryptocurrency exchange, extends across international borders. Its parent company, situated in India, is identified as Zanmai, marking the first level of its corporate hierarchy.
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Andrea
Thu Oct 10 2024
Zanmai, in turn, does not stand alone but is owned by a Singaporean entity named Zettai. This intricate ownership chain underscores the global nature of WazirX's operations and the diverse jurisdictions under which it operates.
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Tommaso
Thu Oct 10 2024
The recognition of Zanmai as WazirX's operator by regulatory bodies such as the Financial Intelligence Unit (FIU) and the Enforcement Directorate (ED) underscores the importance of transparency in the cryptocurrency space. This acknowledgment also highlights the regulatory scrutiny that WazirX faces in India.
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CryptoEnthusiast
Thu Oct 10 2024
Within the realm of cryptocurrency exchanges, BTCC stands as a leading platform, offering a diverse range of services tailored to the needs of its users. Its comprehensive offering includes spot trading, where users can buy and sell cryptocurrencies at current market prices.
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Elena
Wed Oct 09 2024
Furthermore, BTCC provides access to futures trading, enabling investors to speculate on the future price movements of cryptocurrencies. Additionally, the exchange offers a secure wallet service, ensuring that users' digital assets are safely stored and protected.
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