The Inca Empire's crypto trading platform Mudrex has suspended withdrawals until the end of January for a platform upgrade, sparking community scrutiny.

BlockBeats News, January 13th: Indian cryptocurrency exchange Mudrex has suspended withdrawals, sparking strong community backlash. The exchange stated that this is a temporary measure and will last until January 28th, aiming to upgrade the platform's compliance framework to prevent abuse by bad actors.

A community member, Aakash Athawasya, expressed skepticism about the exchange's intentions, believing that Mudrex "never [enabled cryptocurrency withdrawals] in the first place" and accusing it of providing "price exposure, not ownership."

It is worth noting that Mudrex is one of the few exchanges in India that allows cryptocurrency withdrawals. Another Indian cryptocurrency exchange, CoinDCX, introduced cryptocurrency withdrawals for its users in January. However, users opting for cryptocurrency withdrawals will have to permanently disable Indian Rupee deposit functionality, while Rupee withdrawals will still be available.