As India tightens oversight of digital assets, Know Your Customer (KYC) compliance has become central to how crypto exchanges operate. Platforms are now required to follow stringent identity verification and anti-money laundering norms, reshaping the user onboarding process. From document verification to transaction monitoring, exchanges are deploying layered checks to align with regulatory expectations while… Continue reading Inside India’s Crypto KYC Framework: How Exchanges Screen Users in a Regulated Digital Market
Tag: KYC
India Steps Up Crypto Oversight With Stricter KYC Norms, Mandates Selfies and Geo-Tagging
India has moved to further tighten regulatory oversight of the cryptocurrency ecosystem by introducing enhanced Know Your Customer (KYC) requirements, including mandatory live selfies and geo-tagging. The new measures aim to strengthen identity verification, curb financial crimes, and improve traceability in digital asset transactions. By closing gaps that have allowed misuse of crypto platforms, authorities… Continue reading India Steps Up Crypto Oversight With Stricter KYC Norms, Mandates Selfies and Geo-Tagging
India Tightens Crypto Compliance With Mandatory Selfie-Based KYC Verification
India has moved to strengthen oversight of cryptocurrency transactions by mandating enhanced Know Your Customer (KYC) protocols for digital asset users. Under the revised compliance framework, crypto customers will now be required to complete selfie-based identity verification along with a “penny drop” bank validation process. The measures aim to curb financial fraud, prevent identity misuse,… Continue reading India Tightens Crypto Compliance With Mandatory Selfie-Based KYC Verification