Add as a preferred source on GoogleCoinDCX Says Trading, Deposits and Withdrawals Remain Normal After ED Visit
The Enforcement Directorate separately said it searched three premises linked to CoinDCX and Delta Exchange India in an investigation into alleged unauthorized cross-border transactions.
CoinDCX said its trading, deposits and withdrawals remained normal after India’s Enforcement Directorate (ED) visited its Bengaluru office Nov. 4 as part of what the exchange described as a routine investigation.
CoinDCX said it cooperated with the visit and provided requested information. The exchange also said it is registered with FIU-IND, follows India’s Foreign Exchange Management Act and meets customer-identification, anti-money-laundering and reporting obligations.
Separately, the ED said it searched three premises linked to CoinDCX and Delta Exchange India. The agency said its investigation concerns alleged unauthorized cross-border transactions.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.