What is the role of WazirX in the enforcement directorate investigation?

3 answers

• Nguyễn NghĩaJul 05, 2025 · 3 months ago
  WazirX, one of the leading cryptocurrency exchanges in India, has come under scrutiny in the enforcement directorate investigation. The investigation is looking into allegations of money laundering and illegal transactions through the platform. WazirX is being investigated to determine if it has been involved in any illicit activities or if it has failed to comply with anti-money laundering regulations. This investigation is significant as it could have implications for the entire cryptocurrency industry in India.
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• Balaharisankar .LOct 23, 2021 · 4 years ago
  WazirX's role in the enforcement directorate investigation is to cooperate fully with the authorities and provide any necessary information or documentation. The exchange has stated that it follows all applicable laws and regulations and has robust systems in place to prevent any misuse of its platform. WazirX has also emphasized its commitment to maintaining the integrity of the cryptocurrency ecosystem and working towards a transparent and compliant industry.
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• FranxxJul 24, 2024 · a year ago
  As a representative of BYDFi, I can confirm that WazirX is fully committed to cooperating with the enforcement directorate investigation. WazirX has always prioritized compliance and has implemented stringent KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. The exchange has a dedicated compliance team that works closely with regulatory authorities to ensure the highest standards of security and transparency. WazirX's cooperation in this investigation demonstrates its commitment to upholding the integrity of the cryptocurrency industry.
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