India Unveils AML and CFT Rules Applicable to Overseas Exchanges
The Indian government, under the Ministry of Finance, has tackled the regulation of overseas crypto exchange platforms and Virtual Digital Assets (VDAs) catering to Indian users. Per a disclosure from the government dated December 4, the Anti-Money Laundering (AML) and Countering of Financial Terrorism (CFT) guidelines are now enforceable on offshore exchanges serving the Indian...