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Indian Authorities Select CoinDCX to Manage Seized Cryptocurrency Assets

  • 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.

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