Indian crypto exchange CEO, COO move out to Dubai due to hostile digital asset policy

Nischal Shetty and Siddharth Menon both co-founder of WazirX have left india along with their families for Dubai Shetty and Menon are CEO and COO at WazirX

Indian crypto exchange CEO, COO move out to Dubai due to hostile digital asset policy.jpg

The Binance-operated company the largest Indian crypto exchange by volume is among the many local trading venues that had seen a sharp fall in transactions since April 1 when the new crypto taxations rules became effective.

WazirX has addressed the media query in this regard with a statement that says the company is a remote-first and its executives can work from anywhere

“We are a remote-first organization with employees from over 70+ locations. This gives all the company employees the option to work from anywhere, subject to their comfort and convenience unless they are required to travel officially. WazirX is headquartered in Mumbai and Bengaluru, and there is no change in any of our operating procedures. It is business as usual,” Business Today quotes from the statement in its report.

Read full story at https://cryptounity.news/indian-crypto-exchange-ceo-coo-move-out-to-dubai-due-to-hostile-digital-asset-policy

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