India’s largest cryptocurrency exchange by volume, WazirX, is preparing to launch a decentralised exchange next month, cofounder Nischal Shetty told India’s Economic Times.
A decentralised exchange operates without an intermediary to clear transactions, the report said. WazirX has been in the crosshairs of Indian regulators, which in June asked the exchange to explain why certain transactions didn’t violate foreign exchange rules, the report added. Full story: The Economic Times.
