Ministry of Finance issues notices to 25 offshore crypto platforms for PMLA non-compliance
The Financial Intelligence Unit – India (FIU-IND) has sent notices to 25 offshore crypto platforms for continuing to operate in India without registering under the Prevention of Money Laundering Act (PMLA), 2002, the Ministry of Finance said. The move, reported by the Press Information Bureau (PIB), is part of efforts to bring foreign platforms serving…