India Tightens Crypto KYC to Curb Money Laundering and Terror Financing

Source: TOI Subject: Government Scheme Context: India has introduced stricter KYC and Anti-Money Laundering (AML) norms for cryptocurrency users by mandating live selfie verification, geo-tagging and bank account validation. About India Tightens Crypto KYC to Curb Money Laundering and Terror Financing: What it is? It is a mandatory digital identity verification framework for users of …