**WazirX Pushes for Restructuring in Singapore to Resume Crypto Operations**The Indian crypto exchange WazirX is seeking to restructure its operations in Singapore as a means to resume its services. The move comes after the Enforcement Directorate (ED) of India froze the assets of WazirX, alleging that the exchange was involved in money laundering activities.In a statement, WazirX said that it is committed to working with the authorities to resolve any issues and ensure that our platform is fully compliant with all applicable laws and regulations. The exchange added that it is confident that we will be able to resume our operations in Singapore soon.The ED's investigation into WazirX began in 2021, and the agency has since frozen the exchange's assets worth around $8 million. The ED alleges that WazirX was involved in money laundering activities related to the Chinese betting app, Ludo Supreme.WazirX has denied the allegations, and the exchange has said that it is cooperating with the ED's investigation. However, the freezing of its assets has had a significant impact on WazirX's operations, and the exchange has been forced to suspend its services in India.The restructuring of WazirX's operations in Singapore is seen as a way for the exchange to resume its services. Singapore is a major hub for cryptocurrency trading, and the country has a more favorable regulatory environment for crypto exchanges than India.If WazirX is able to successfully restructure its operations in Singapore, it will be a major boost for the exchange. The move would allow WazirX to resume its services in India, and it would also give the exchange access to a larger pool of customers.However, it is important to note that the restructuring of WazirX's operations in Singapore is not a guarantee that the exchange will be able to resume its services in India. The ED's investigation into WazirX is ongoing, and the agency could still take further action against the exchange.**Conclusion**The restructuring of WazirX's operations in Singapore is a significant development for the Indian crypto exchange. The move could allow WazirX to resume its services in India, and it would also give the exchange access to a larger pool of customers. However, it is important to note that the restructuring is not a guarantee that WazirX will be able to resume its services in India. The ED's investigation into WazirX is ongoing, and the agency could still take further action against the exchange.