Tag: financial intelligence unit
Posted in Economy
Non-compliance notices issued to 15 Virtual Digital Asset service providers under PMLA
Notices for non-compliance were issued to 15 Virtual Digital Assets Service Providers (VDA SPs) by the Director of Financial Intelligence Unit-India (FIU-IND) on September 9….
Posted in Economy
Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profits
Mumbai: More than 400 well-heeled individuals across India will be pulled up by the tax authorities for hiding their crypto trades on Binance, the world’s…
Posted in Economy
25 offshore crypto exchanges face govt action, including Huione, CEX.IO, BingX
India’s financial watchdog launched a fresh crackdown on cryptocurrency platforms on Wednesday, issuing notices to 25 offshore Virtual Digital Asset Service Providers (VDA SPs) for…
Posted in Economy
Govt makes cybersecurity audits mandatory for crypto exchanges
Mumbai: In the wake of multiple cyber heists, the government has directed all cryptocurrency exchanges, custodians, and intermediaries to undergo cyber security audits. They would…