India’s crypto exchanges failed KYC, money laundering standards: ED
India’s best cryptocurrency exchanges (crypto) have facilitated transactions from other countries, including the United States, Brazil and Germany, on their platform without complying with the Know Your Customer (KYC) regulations and anti-money laundering (AML) standards as prescribed under the currency rules ( forex), reveals the Enforcement Directorate’s (EDs) latest probe findings.
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First published: Wed July 13, 2022. 21:50 IST
