FIU-India issues notices to 15 offshore crypto platforms for non-compliance

September 9, 2026 12:24 PM

FIU-India issues notices to 15 offshore crypto platforms for non-compliance

The Financial Intelligence Unit-India (FIU-IND) has issued notices to 15 Virtual Digital Asset Service Providers (VDA SPs) for non-compliance with provisions of the Prevention of Money Laundering Act (PMLA), 2002. The action has been taken by the Director, FIU-IND, under Section 13 of the PMLA as part of measures against entities found to be operating without complying with India's anti-money laundering framework. The entities named in the notices include Weex International Exchange LTD, BLF G...

DoT, FIU-IND join hands to curb cyber crimes and financial frauds

September 25, 2025 4:46 PM

DoT, FIU-IND join hands to curb cyber crimes and financial frauds

In a major move to curb cyber-crimes and financial frauds, the Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) on Thursday signed a comprehensive Memorandum of Understanding (MoU) to enhance data sharing and inter-agency coordination. The MoU was signed by Sanjeev Kumar Sharma, Deputy Director General of the AI & Digital Intelligence Unit (DIU) at DoT, and Amit Mohan Govil, Director of FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary (Telec...