India goes after Andreessen Horowitz-backed CoinSwitch exchange over forex laws violations
India’s Enforcement Directorate reportedly raided five premises owned by CoinSwitch as it cracks down on the exchange for KYC and forex laws violations.
Latest CoinSwitch Kuber News
India’s economic crime agency questioning digital asset exchanges: report
The Directorate of Enforcement has been questioning executives at CoinSwitch Kuber, CoinDCX, and WazirX regarding violating foreign exchange regulations.
India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more
Investors and traders are bearing the strict regulations on digital currency in India—with some transferring their digital currencies to overseas wallets and opening accounts abroad.