India's Enforcement Directorate conducted searches at cryptocurrency exchanges Coindcx and Delta over alleged unauthorized cross-border digital-asset transactions. Both platforms confirmed their services remained operational on Nov. 6 despite the regulatory action.
Delta denied involvement in any unauthorized cross-border transfers of digital assets. The investigation highlights growing regulatory scrutiny of India's crypto trading sector as authorities crack down on potential violations of foreign exchange laws.
India's ED Searches Coindcx, Delta Over Alleged Unauthorized Cross-Border Crypto Transactions
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