CoinDCX: Cooperated With India's Enforcement Directorate Inquiry; Trading, Deposits and Withdrawals Operating Normally

We Nov. 7 news: Indian crypto exchange CoinDCX said in a post that officials from India's Enforcement Directorate (ED) visited its Bengaluru office on Nov. 4 for a routine inquiry. The company fully cooperated with the relevant authorities and provided all necessary information and assistance. CoinDCX said it is registered with India's Financial Intelligence Unit (FIU-IND), complies with India's Foreign Exchange Management Act, and fulfills its customer identification, anti-money laundering and reporting obligations; platform trading, deposits and withdrawals are all operating normally.

Previously reported, India's Enforcement Directorate searched premises related to CoinDCX and Delta, alleging suspected unauthorized cross-border transactions.