10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
FinTech

Singapore HC Greenlights WazirX’s Restructuring Plans


SUMMARY

Singapore High Court has permitted WazirX’s parent Zettai to convene a scheme meeting with the users of the cryptocurrency exchange

The decision paves the way for the exchange, which lost crypto assets worth about $235 Mn last year due to a security breach

As part of the proposed scheme, WazirX will release liquid assets worth $284 Mn and issue recovery tokens to all its users

Singapore High Court has permitted WazirX’s parent Zettai to convene a scheme meeting with the users of the cryptocurrency exchange. 

The…



Source link

by Tech In Asia

Standard Chartered will provide transaction banking and financial market services for DeCard, including cardholder top-up processing. Source link

by Tech In Asia

Strategy shares rose 3.2% in premarket trading after bitcoin’s price climbed back above US$106,000. Source link

by Tech In Asia

Since its launch in 2024, OneLot has issued over US$7 million in loans to more than 150 dealers. Source link