India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms.
The government has already warned. I think all of us will have to share our thoughts and move with a bit of caution on this.
We respectfully disagree with the freezing order. We follow strict KYC requirements in every country, including India.
“We are seeking legal advice on our best course of action in order to protect the interests of the company, its customers, and all the stakeholders,” Vauld detailed.
What do you think about the finance minister cautioning investors about crypto and the ED investigating crypto exchanges? Let us know in the comments section below.