Indian crypto exchange WazirX says deposit inflows jumped ~250% in the four days after India blocked nine offshore platforms on Dec. 28; ~70% came from Binance (Bloomberg)

Bloomberg:

Indian crypto exchange WazirX says deposit inflows jumped ~250% in the four days after India blocked nine offshore platforms on Dec. 28; ~70% came from Binance  —  – WazirX, Mudrex say about 70% of fresh inflows from Binance  — Local trading has been ravaged by tax introduced in 2022