OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.
“We regret to inform you that OKX is no longer providing services to the users in India,” a notice sent to the OKX users today (Thursday) stated, adding that the decision was taken “due to local regulations.”
Expect ongoing updates as this story evolves.
OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.
“We regret to inform you that OKX is no longer providing services to the users in India,” a notice sent to the OKX users today (Thursday) stated, adding that the decision was taken “due to local regulations.”
Expect ongoing updates as this story evolves.
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- Source: https://www.financemagnates.com//cryptocurrency/okx-shuts-services-in-india-cites-local-regulations/
