One of the renowned Crypto Exchanges WazirX, an Indian cryptocurrency exchange may face a legal battle as the Enforcement Directorate has issued a show-cause notice for contravention of the Foreign Exchange Management Act 1999.
from taxmann.com News https://www.taxmann.com/research/direct-tax-laws/top-story/222330000000021406/enforcement-directorate-issues-show-cause-notice-to-crypto-exchange-‘wazirx’.aspx
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