bank account frozen – DIGIT INFO

Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says

September 13, 2022 by DIGIT

India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are Now Unfrozen Indian cryptocurrency exchange Wazirx said Monday that the Enforcement Directorate (ED), the … Read more

Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report

August 11, 2020 by DIGIT

India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India. The country still does not have a legal framework for cryptocurrencies but the government says that a crypto bill is “awaiting approval.” Banks Still Block Accounts Over … Read more