India's Enforcement Directorate (ED) has selected CoinDCX to manage seized cryptocurrency assets.
CoinDCX has implemented strict security measures, including multi-signature and multi-party computation (MPC) wallets, and has deployed a specialized team to ensure compliance and protection of the seized assets.
Through this partnership, CoinDCX will handle confiscated digital assets and offer a secure system for storage and management, focusing on compliance and safety.
This collaboration strengthens India's regulatory approach to crypto-related crimes, ensuring secure management of confiscated assets while investigations continue.