Foresight News|Nov 07, 2026 05:22
[CoinDCX: Indian Enforcement Authority Conducts Routine Inquiry at Bangalore Office; Trading and Deposit/Withdrawal Services Normal]
Foresight News reports that Indian cryptocurrency exchange CoinDCX stated that Indian Enforcement Authority (ED) officials visited its Bangalore office on November 4th for a routine inquiry. The company stated that it fully cooperated and provided necessary information and assistance, and that trading, deposit, and withdrawal services on the platform are currently operating normally.
CoinDCX stated that it is registered with the Financial Intelligence Unit of India (FIU-IND), regularly assists law enforcement agencies in conducting inquiries, and complies with applicable Indian laws, including the Foreign Exchange Control Act 1999 (FEMA), as well as customer identification (KYC), anti-money laundering (AML), and reporting obligations.
Foresight News previously reported that the Indian Enforcement Authority searched three locations related to CoinDCX and Delta Exchange, involving suspected unauthorized cross-border transactions.
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