Indian federal agency has unfrozen bank accounts, says Binance-linked WazirX

Indian federal agency has unfrozen bank accounts, says Binance-linked WazirX

FILE PHOTO: The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali, Malta October 3, 2019. REUTERS/Darrin Zammit Lupi

WazirX, linked to the world’s largest digital currency exchange Binance, said on Monday its bank accounts were unfrozen by India‘s financial crime-fighting agency after more than a month.

The federal Enforcement Directorate (ED) had launched its investigation last year into the company for suspected violations of foreign exchange regulations and froze its assets worth 646.70 million rupees ($8.16 million).

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