币界网报道:WazirX, an Indian cryptocurrency exchange, has secured an extension from the Bombay High Court to continue its restructuring process. The court granted additional time for the company to finalize its internal reorganization amid ongoing regulatory scrutiny in India's crypto sector. WazirX, acquired by Binance in 2019, has faced operational challenges following India's strict tax policies and banking restrictions on crypto transactions. The exchange emphasized that the restructuring aims to enhance compliance and operational efficiency while addressing regulatory concerns. The court's decision allows WazirX to proceed with its plans without immediate legal pressure, though the broader regulatory environment for crypto businesses in India remains uncertain. The case highlights the challenges crypto firms face in navigating India's evolving digital asset regulations.