Enforcement Directorate - Bengaluru has been engaged with us with respect to functioning of our crypto platforms / exchanges. We are fully cooperating with them.
Crypto is a new asset class. Being in early stages, cryptos are not yet clearly classified in most parts of the world.
Now, the law (in India and elsewhere) is still assessing if crypto is a “commodity”, “security”, “currency” or something new. This is a work in progress.