Breaking update: From November 4 to 5, the Bengaluru division of India’s Enforcement Directorate searched three premises linked to CoinDCX and Delta Exchange under the Foreign Exchange Management Act (FEMA 1999).
The impact is relatively neutral; $BTC is currently at 75954.79.
The news had already been priced in, so the follow-up reaction is limited. Were you the first to see this?