Mudrex, an Indian cryptocurrency exchange, has halted crypto withdrawals until January 28 to improve security and prevent misuse.
The decision has caused frustration among users, with some advising others to withdraw their funds.
India's stricter regulations have impacted other exchanges as well, with Bybit limiting services and CoinDCX allowing crypto withdrawals under certain conditions.
Mudrex's decision highlights the challenges faced by cryptocurrency exchanges in India and raises questions about its reputation and user trust.