Chandigarh, March 17
CoinDCX, a crypto company, today announced it had become a Financial Intelligence Unit (FIU)-registered reporting entity under the new anti-money laundering laws announced by the government earlier this month.
According to the government’s notification, Virtual Digital Assets (VDA) service providers such as exchanges, custodians and wallet providers are required to comply with various regulatory requirements, which include know your customer (KYC) norms, record-keeping, reporting of suspicious transactions, the appointment of a compliance officer and engaging with regulatory authorities to seek guidance on compliance matters.
Tribune Shorts
Most Read In 24 Hours
Don't Miss
View All
Top News
Disqualified from Lok Sabha as PM Modi scared of my next speech on Adani issue: Rahul Gandhi
'I am Rahul Gandhi, not Rahul Savarkar,' he said when asked ...
PIL in Supreme Court challenges 'automatic disqualification' of lawmakers upon conviction and 2-year sentence
The plea is filed by a Kerala-based social activist
Rahul Gandhi's disqualification goes against basic tenets of Constitution, says Sharad Pawar
Gandhi, representing Wayanad parliamentary constituency in K...
Eric Garcetti sworn in as next US Ambassador to India
After a wait of over two years, India will have a full-fledg...
Punjab minister Harjot Bains marries IPS officer Jyoti Yadav in Rupnagar
The marriage is solemnised according to Sikh rituals at Bibh...
