India investigates Binance unit for crypto transactions violating forex rules

India investigates Binance unit for crypto transactions violating forex rules

REUTERS/Dado Ruvic

India’s financial crime-fighting agency said on Friday that WazirX, one of country’s largest cryptocurrency exchanges, was under investigation for suspected violation of foreign exchange regulations involving transactions worth 27.90 billion rupees ($381.93 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter