India's Financial Intelligence Unit has rolled out stricter identity verification requirements for crypto exchanges. Going forward, platforms operating in the Indian market must implement live facial recognition and geolocation confirmation during user onboarding. These enhanced KYC procedures represent a significant shift in how crypto platforms approach compliance in one of the world's largest emerging markets. The move reflects growing regulatory scrutiny around crypto adoption and is likely to influence similar policies across other jurisdictions.
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WalletInspector
· 12h ago
India's KYC regulations have become stricter again. If you want to trade cryptocurrencies there, you better be prepared to face facial recognition...
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MetaMuskRat
· 12h ago
India is really planning to bring crypto completely under their watch, with facial recognition + address tracking... they're serious about it.
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NFTFreezer
· 12h ago
India is really trying to push crypto users to the brink—requiring facial recognition and location tracking. How can privacy be protected?
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DegenGambler
· 13h ago
India's move, KYC is really strict, facial recognition and liveness detection, they're trying to tie us all down on the chain.
India's Financial Intelligence Unit has rolled out stricter identity verification requirements for crypto exchanges. Going forward, platforms operating in the Indian market must implement live facial recognition and geolocation confirmation during user onboarding. These enhanced KYC procedures represent a significant shift in how crypto platforms approach compliance in one of the world's largest emerging markets. The move reflects growing regulatory scrutiny around crypto adoption and is likely to influence similar policies across other jurisdictions.