🇮🇳 #India tightens #KYC rules for #crypto users
India’s Financial Intelligence Unit (FIU) has introduced stricter onboarding requirements for crypto platforms.
Key changes include:
- Live selfie verification (anti–deepfake checks)
- Location & IP address tracking at signup
- Bank account verification via small test transaction
- Additional government-issued ID
- Email & mobile number verification
Officials say this is aimed at strengthening AML compliance & reducing #TaxEvasion .
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