- Wazirx has officially ended the voting process for its plan for the arrangement, a basic step in the restructuring plan.
- The results are awaiting verification by the third -party auditor KROLL before implementation.
Wazirx for the Indian currency has officially concluded the voting process for its plan for the arrangement, which represents a decisive step in restructuring efforts after last year’s penetration of $ 235 million. More than 15 million users are affected, and frustration grows around the stock market processing with the situation.
The Wazirx Plan is officially ended on March 28, 2025, but the final decision is awaiting verification of the reviews of the third parties Kroll before implementation. The conclusion of the vote has been announced through the official (Twitter) platefile handle for the stock exchange and now everyone is waiting to know what will happen next.
📢 The voting has ended in favor of the ranking scheme officially.
Thank you very much to everyone who took enough time to vote. Your participation and constant support means a lot.
After that, all votes will be presented to an independent resident for verification, which guarantees … pic.twitter.com/CTW9DPTIJE
– Wazirx: India Ka Bitcoin Exchandia (Wazirxindia) March 28, 2025
Many are interrogating Ministerial Security and decision -making. Experts ask why such a large amount keeps in one wallet, making it an easy target for the infiltrators. Others ask why there is no backup money to cover the losses .. However, its 4.4 million people are waiting for the voting results, which will be evaluated by an external body auditor, which is the future of Wazirx attached to the balance.
What does a vote for Wazirx users mean
Voting included Wazirx users and investors who have obtained a decision on the restructuring plan. Although the final results are not over yet, early reports indicate high participation and strong opinions on both sides. The result is likely to affect how to run Wazirx, its compliance with Indian laws, and the scene of general encryption trading in India.
The final decision to vote will be determined by the third -party auditor, under the leadership of Jason Kardashi. If the vote continues in favor of Wazirx, this may help in getting a better position with the organizers and even putting an example of other exchanges. If things do not go as planned, the suspension of the risk in the suspension boxes, and if Wazirx is forced to filter, the payments may be greatly delayed – until 2030.
The WazirX arrangement system is basically a plan to reorganize its business to better deal with changing coding rules in India. In a detailed x publication, CEO of Wazirx Niscal Sheetty Explained The stock exchange restructuring plans, which have the effects of the voting process.
However, the regulations in India remain a great factor in the future of Wazirx. The Financial Intelligence Unit (FIU) and the Indian Reserve Bank (RBI) closely shall exchange of encryption.
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