Binance Acquires WazirX To Enter Indian Crypto Market

Binance CEO Changpeng “CZ” Zhao, has said the country’s young population is vibrant with emerging technologies, which will be fantastic for India in the long run. CZ said:

“The young demographic in India give an edge to adopt and build on new financial technologies, and I believe this will play a vital role in making India a global blockchain innovation center to also spur cryptocurrency adoption throughout the larger public in the country. The acquisition of WazirX shows our commitment and dedication to the Indian people and [to] strengthen the blockchain ecosystem in India as well as another step forward in achieving the freedom of money.”

Image Credits: Pixabay

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