Altcoinist
Image default
Crypto News

India’s FIU Orders Exchanges to Report OTC Crypto Deals Above $10,000

India Builds “Virtual Asset Lab” to Track Offshore Crypto Platforms

The post India’s FIU Orders Exchanges to Report OTC Crypto Deals Above $10,000 appeared first on Coinpedia Fintech News

In India, crypto is no longer anonymous. The country’s Financial Intelligence Unit of India (FIU-IND) has reportedly asked major crypto exchanges to share details of over-the-counter (OTC) crypto transactions worth more than $10,000 (roughly ₹9.4 lakh). The move signals that regulators want to keep an eye on everyday crypto transfers. FIU Wants More Visibility Into …

Related posts

Bitcoin Developers Propose Freezing Satoshi-Era Coins to Block Quantum Threat

Antonio M. Foster

‘I Never Thought I’d Make This Deal,’ Cardano Founder Drops a Bombshell

Antonio M. Foster

OKX Expands Into Oil Markets With ICE Partnership

Antonio M. Foster