Binance makes a move into Indian Market

With the takeover of the WazirX exchange platform, Binance entered in India's potentially large, but disturbed, crypto-currency market.

Binance, the highest trading volume crypto exchange, announced in Thursday's blog post but declined to provide specifics of the contract. The Economic Times suggested the company was sold for $5 million–10 million.

The company's entrance into India may seem shocking at the....