India’s FIU Tightens Crypto Oversight, Mandates Live Selfies, Geo-Tagging, and Stricter KYC

India tightens crypto onboarding for new users to combat money laundering and terror financing. Under the new norms, crypto exchanges are required to collect a live selfie, geographic location, and bank account verification with a test transaction, along with other mandatory details. India’s FIU Tightens Onboarding for New Crypto Users India’s Financial Intelligence Unit (FIU)

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