Binance acquired cryptocurrency startup WazirX
Image Credit: shortpedia
Binance, the global cryptocurrency exchange and blockchain ecosystem has acquired Indian bitcoin exchange WazirX. According to the CEO of Binance, the young demographic gives an edge to build new financial technologies to reach the larger mass of the country. India has more than a billion people and that gives Binance the opportunity to cater to every developing city in the world with massive crypto-adoption.