The post India Tightens Crypto Rules: Selfie and Geo-Checks Required appeared first on Coinpedia Fintech News
India’s Financial Intelligence Unit (FIU) has rolled out stricter anti‑money‑laundering and KYC rules for cryptocurrency exchanges to strengthen user verification and combat illicit activity. New onboarding requirements include live selfie verification using liveness detection, geolocation tracking (latitude, longitude, IP, timestamp), bank account confirmation via a small test transfer, and multiple government‑issued ID checks. Exchanges must …