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ED searches CoinDCX and Delta Exchange over forex violations

Negative-222 sources

GreyOak summary

The Enforcement Directorate searched premises of CoinDCX and Delta Exchange India alleging unauthorized cross-border crypto transactions. The probe involves thousands of crores in spot, derivatives, and tokenized stock trades violating FEMA rules. Delta Exchange India stated it cooperated fully with officials.

What it affects

  • Searched by ED over alleged forex violations.Rolling sentiment Negative -70

Source

Read the original at Inc42

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