India’s financial crimes watchdog raids crypto exchanges CoinDCX and Delta over alleged illegal cross-border trades
Open the sourceReported by CoinDesk, coindesk.com, 12 November 2026, by Omkar Godbole
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India’s Enforcement Directorate raided crypto exchanges CoinDCX and Delta over alleged illegal cross-border flows that violated the country’s foreign exchange laws. The action targets two of the country’s largest local trading venues and raises the prospect of tighter compliance scrutiny for crypto businesses operating under India’s exchange-control regime. Watch for follow-up summons, any freeze on exchange assets, and whether other domestic platforms face similar inquiries.
Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.
Named in this story
Delta, CoinDCX, Enforcement Directorate, India