Mumbai-based Indian cryptocurrency exchange WazirX, on Friday, said it hadn't received a show-cause notice from the Enforcement Directorate.
“WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws,” the company tweeted.
A couple of hours before, ED had tweeted through its official handle: “ED has issued Show Cause Notice to WazirX Crypto-currency Exchange for contravention of FEMA, 1999 for transactions involving crypto-currencies worth Rs. 2790.74 crore.”
Hours before the ED notice, WazirX CEO Nischal Shetty had tweeted: "Day 953. We’re still in the
Hours before the ED notice, WazirX CEO Nischal Shetty had tweeted: "Day 953. We’re still in the