India Cracks Down on 25 Crypto Exchanges Over AML Compliance Failures
Yahoo Finance·2025-10-03 01:18
India cracked down on crypto exchanges as the Financial Intelligence Unit-India (FIU-IND) issued notices to 25 platforms, including Huione, BingX, Paxful, LBank, CoinW, and ProBit Global, over violations of anti-money laundering (AML) compliance rules. In an October 2 official release, the finance ministry confirmed that the regulator has also ordered these crypto exchanges to withdraw their apps and websites from public access in India. Source: India Ministry of Finance According to CoinMarketCap data, ...