Binance’s Assistance to WazirX:
Earlier, Binance was willing to invest ₹2000 crore to support WazirX.
However, due to a recent GST notice, their commitment has changed.
Now, they’ll need to provide an additional ₹722 crore.
Plus, there’s an ₹18 crore penalty to the FIU
(Financial Intelligence Unit).
Total Amount:
If Binance decides to help WazirX, they’ll have to shell out a whopping ₹2740 crore! 💸
Timing Matters:
The GST notice has thrown a curveball.
Let’s keep an eye on how things unfold in the future. 🤔
Stay tuned for more updates! 📈🔍