Regulation· ★★★· bearish·

India Tightens Crypto Reporting and KYC Under PMLA Amendment 2026

  • —PMLA Amendment 2026 introduces new reporting requirements for crypto transactions
  • —KYC procedures for crypto platforms and their customers are tightened
  • —Changes target India's digital asset market
Why it matters: Stricter KYC and reporting raise compliance costs for Indian crypto platforms and could affect user access to the market.
Source: Google News (crypto query)
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