Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges

Bitcoin.com | Aug 16, 2022 at 5:00 AM
  • 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.
  • On Thursday, News18 reported that the finance minister asked investors to exercise caution on crypto, emphasizing that a new law on cryptocurrency is coming soon.
  • Responding to the ED’s allegations, Vauld released a statement Saturday revealing that it fully cooperated with the ED and provided all the required information and documents after receiving a summons in July.