OKX to Exit Indian Market Amid Regulatory Challenges

The crypto exchange has set an April 30 deadline for users to withdraw funds, following local regulatory pressures.

Crypto exchange OKX is exiting the Indian market, citing local regulations as the reason.
Users have been instructed to withdraw all funds and close all positions by April 30, after which accounts will be restricted to withdrawals only.
The Indian government had previously blocked several offshore crypto exchange websites, but OKX was not among them.
Apple and Google stores had removed various crypto exchange apps in India earlier this year, including OKX's.
Despite not being on the government's initial list of blocked exchanges, OKX is ceasing operations in India.