Mudrex Pauses Crypto Withdrawals Amid Compliance Upgrades

Indian cryptocurrency exchange Mudrex has temporarily halted crypto withdrawals, with services expected to resume on January 28 after compliance upgrades. INR (Indian rupee) withdrawals remain unaffected, and the platform assures users that all funds are safe. Mudrex clarified that the pause is aimed at improving compliance and preventing misuse of the platform. Officials emphasized their commitment to investor safety and seamless access to funds, highlighting that Mudrex has always supported crypto withdrawals, unlike many Indian platforms. The exchange reassures users that the move is temporary and part of efforts to maintain high compliance standards, ensuring the best experience for investors in a challenging regulatory environment.