Financial Intelligence Unit - Febspot

Financial Intelligence Unit

A collection of 3 posts

India’s FIU mandates live‑selfie KYC, geolocation and tougher crypto checks — Assets.beincrypto.com

India’s FIU mandates live‑selfie KYC, geolocation and tougher crypto checks

Beincrypto reports India’s Financial Intelligence Unit has introduced stricter compliance requirements for cryptocurrency platforms, mandating live selfie authentication and geographic location data during user onboarding. The rules require live selfie verification with dynamic movement, such as eye‑blinking or head turns, to prevent static images or deepfakes, and platforms

India's FIU tightens KYC and AML rules for crypto onboarding — Images.cointelegraph.com

India's FIU tightens KYC and AML rules for crypto onboarding

India’s Financial Intelligence Unit (FIU), which sets anti-money-laundering and know-your-customer regulations, has issued new guidelines tightening onboarding rules for users of regulated crypto exchanges in the country. Under the measures, exchanges must verify users with live selfie pictures and geographic-location checks, the Times of India reported, with the selfies

India's FIU Registers 49 Crypto Exchanges Under AML Rules — Assets.beincrypto.com

India's FIU Registers 49 Crypto Exchanges Under AML Rules

Beincrypto reports India’s Financial Intelligence Unit (FIU) said 49 cryptocurrency exchanges completed registration under the country’s anti-money laundering framework for the fiscal year 2024–25. The FIU’s annual report said 45 of the platforms are domestic and four are offshore platforms registered as reporting entities, enabling them