Photo: The Balance

ED Issues Notices To Cryptocurrency Firms Amid FEMA Violations

Amid guidelines violations, the Enforcement Directorate (ED) is working to crackdown cryptocurrency firms, and issued notices to crypto exchange companies CoinSwitch and CouinDCX. The issued summons were under investigation happened last year, in which the ED pulled up ZebPay for violating foreign exchange law. Furthemrore, cases against CoinSwitch and CoinDCX is under investigation, as the companies allegedly having illegal foreign exchange… read-more

Wed, 06 Jul 2022 - 05:10 PM / by Varsha Joshi

Tags: Enforcement Directorate, Cryptocurrency, Notices, Bengaluru-ED, FEMA Violations

Courtesy: News 18