The Monetary Authority of Singapore on 30 May issued a notice warning that all unlicensed exchanges operating in Singapore need to stop their services before 30 June. Given that Zettai, the parent company of WazirX, is no longer registered in Singapore or India, it may face complications in its restructuring scheme. To complicate matters further, there is an ownership conflict of WazirX between Zettai and Binance as well.
