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India’s Financial Intelligence Unit (FIU) has introduced new strict guidelines for cryptocurrency platforms to strengthen KYC and AML compliance.
Under the new rules, crypto exchanges dealing in major digital assets such as Bitcoin (BTC) and Ethereum (ETH) must ensure:
Live selfie verification with eye and head movement tracking to prevent AI-based fraud
Collection of geolocation data, IP address, and timestamp during account creation
Bank account verification through a small test transaction
Submission of additional government-issued photo ID
Mandatory email and mobile number verification
In addition, the Indian government has reaffirmed that:
Crypto profits are taxed at a flat 30% rate
Losses cannot be adjusted against profits
These measures aim to improve transparency, reduce financial crime, and bring stronger oversight to the rapidly growing crypto market in India.
🔐 SafeTrade Zone 1 advises traders and investors to:
Use only compliant and registered crypto platforms
Stay updated with regulatory changes
Trade responsibly in assets like BTC and ETH under local laws
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India’s tax authorities have raised fresh concerns over the regulation and enforcement of cryptocurrencies, aligning closely with the Reserve Bank of India’s (RBI) long-standing cautious stance on virtual digitalassets (VDAs). The remarks come ahead of the Union Budget presentation, signaling that crypto oversight remains a sensitive and unresolved policy issue.
Officials from the Income Tax Department highlighted the practical challenges involved in tracking crypto transactions, particularly those conducted through overseas exchanges and decentralized platforms. The pseudonymous nature of blockchain transactions, combined with rapid innovation in the sector, has made monitoring, valuation, and compliance enforcement increasingly complex.
Despite the introduction of a 30% tax on crypto gains and a 1% tax deducted at source (TDS) on transactions, authorities believe gaps remain in reporting accuracy and investor disclosure. Tax officials reportedly emphasized the need for stronger data-sharing mechanisms, clearer regulations, and enhanced coordination with global agencies to prevent tax evasion and illicit financial flows.
The RBI has consistently warned about the macroeconomic and financial stability risks posed by private cryptocurrencies, including capital flight and consumer protection concerns. While the government has stopped short of imposing an outright ban, the convergence of views between the central bank and tax authorities suggests continued regulatory tightening rather than liberalization.
As India prepares its next Union Budget, market participants are closely watching for signals on whether the government will clarify its long-term crypto policy, introduce stricter compliance measures, or maintain the current taxation framework. For now, the government’s messaging indicates that caution and control will remain central to India’s approach toward digital assets.

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Puncte cheie
India a înregistrat oficial 49 de schimburi de criptomonede sub egida Unității de Informații Financiare (FIU), consolidând regulile anti-money laundering (AML) pentru a combate frauda, înșelăciunile și finanțarea terorismului în cadrul sectorului cripto.
Platformele cripto au deja primit amenzi în valoare de 28 de milioane INR în timp ce India aplică obligații stricte de conformitate, cum ar fi monitorizarea portofelului, raportarea AML și evaluările de risc, pentru a întări supravegherea pieței.

India își intensifică reglementarea sectorului cripto
India își intensifică supravegherea reglementară a activelor digitale. În anul bugetar 2024–2025, 49 de schimburi cripto au fost înregistrate oficial la FIU, marcat un pas important în efortul guvernului de a întări controalele AML și de combatere a finanțării terorismului (CFT), pe măsură ce preocupările cresc legate de utilizarea abuzivă a criptomonedelor pentru activități ilegale.