Indian government's big action on crypto: FIU tightens noose on 15 foreign exchanges; Notice sent to block apps and websites
The Financial Intelligence Unit (FIU-IND), working under the Union Finance Ministry, has started a major campaign against foreign crypto exchanges doing business illegally and without registration in India. Show Cause Notice has been issued to 15 international Virtual Digital Asset Service Providers (VDASPs/Crypto Exchanges) under Section 13 of the Prevention of Money Laundering Act (PMLA), … Read more