Mudrex Suspends Crypto Withdrawals Amid Compliance Review

Mudrex Suspends Crypto Withdrawals Amid Compliance Review

Citing regulatory issues and the need to guard against abuse by bad actors, Mudrex, a cryptocurrency exchange based in Bengaluru and supported by well-known investors including Y Combinator, Better Capital, and Woodstock Fund, has temporarily halted cryptocurrency withdrawals. In a post on X (previously Twitter) on January 12, Alankar Saxena, one of the platform's co-founders, revealed that this suspension is a component of a compliance upgra...

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