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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 …

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