WazirX Shifts to Panama and Rebrands as Zensui

Indian crypto exchange WazirX has moved its parent company from Singapore to Panama and rebranded as Zensui. This decision comes as a response to Singapore’s increasing regulatory pressure on crypto firms. By relocating to Panama, Zensui aims to operate under more relaxed rules and maintain business continuity. While the core platform remains the same, the new structure gives the company more flexibility. This shift reflects how crypto businesses are adjusting to evolving global regulatory environments.