KoinBX secures FIU-IND registration, strengthens crypto compliance stance
KoinBX gains FIU-IND registration, boosting regulation and trust in crypto sector.
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6h agoKoinBX secures FIU-IND registration, strengthens crypto compliance stance
Indian crypto exchange KoinBX became a registered entity with India’s Financial Intelligence Unit (FIU-IND), ensuring it adheres to anti-money laundering (AML) and counter-terror financing norms under PMLA. The move signals growing regulatory enforcement within India’s crypto sector and is seen as vital for integrating digital assets into the formal financial ecosystem. Industry watchers say FIU registration could become a baseline requirement, forcing other exchanges to align or risk losing legitimacy. Trust and transparency may now separate winners.
positive
6h agoKoinBX secures FIU-IND registration, strengthens crypto compliance stance
Indian crypto exchange KoinBX became a registered entity with India’s Financial Intelligence Unit (FIU-IND), ensuring it adheres to anti-money laundering (AML) and counter-terror financing norms under PMLA. The move signals growing regulatory enforcement within India’s crypto sector and is seen as vital for integrating digital assets into the formal financial ecosystem. Industry watchers say FIU registration could become a baseline requirement, forcing other exchanges to align or risk losing legitimacy. Trust and transparency may now separate winners.
positive
KoinBX secures FIU-IND registration, strengthens crypto compliance stance
about 7 hours ago
1 min read
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KoinBX gains FIU-IND registration, boosting regulation and trust in crypto sector.
Indian crypto exchange KoinBX became a registered entity with India’s Financial Intelligence Unit (FIU-IND), ensuring it adheres to anti-money laundering (AML) and counter-terror financing norms under PMLA. The move signals growing regulatory enforcement within India’s crypto sector and is seen as vital for integrating digital assets into the formal financial ecosystem. Industry watchers say FIU registration could become a baseline requirement, forcing other exchanges to align or risk losing legitimacy. Trust and transparency may now separate winners.
Indian crypto exchange KoinBX became a registered entity with India’s Financial Intelligence Unit (FIU-IND), ensuring it adheres to anti-money laundering (AML) and counter-terror financing norms under PMLA. The move signals growing regulatory enforcement within India’s crypto sector and is seen as vital for integrating digital assets into the formal financial ecosystem. Industry watchers say FIU registration could become a baseline requirement, forcing other exchanges to align or risk losing legitimacy. Trust and transparency may now separate winners.
Companies:
KoinBX
Tags:
crypto
regulation
crypto
regulation
India
startups
markets
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