India reportedly freezes assets of Binance-owned WazirX

India has reportedly frozen the assets of cryptocurrency exchange platform WazirX, a Mumbai-based crypto firm Binance acquired in November 2019. On Friday, the federal Enforcement Directorate (ED), the agency tasked with fighting financial crime in the country, revealed it froze 646.70 million rupees (roughly $8.16 million, £6.75 million) worth of assets belonging to the exchange.