49 Crypto Exchanges Complete Registration with India’s FIU Under New AML Framework

TLDR: 45 domestic and 4 offshore crypto exchanges completed FIU-IND registration for 2024-25 fiscal year FIU-IND imposed total penalties of INR 2.8 billion on non-compliant platforms in previous year 25 offshore platforms including BitMEX and LBank blocked from serving Indian users in October 2025 Binance, Coinbase, and Mudrex among five offshore exchanges maintaining market access [...]

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