#FIU_IND Notice for Global #CEXs (Actual News Link given below)...
Posted On:
28 DEC 2023 8:56PM by PIB Delhi
Financial Intelligence Unit India (FIU IND) issues compliance Show Cause Notices to nine offshore Virtual Digital Assets Service Providers (#VDA SPs)
FIU-IND writes to Ministry of Electronics and Information Technology to block URLs of the nine entities operating illegally without complying with the provisions of #PMLAct in India
Virtual Digital Assets Service Providers (VDA SPs) were brought into the ambit of Anti Money Laundering/Counter Financing of Terrorism (AML- CFT) framework under the provisions of the Prevention of Money Laundering Act (PML) Act, 2002 in March 2023.
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued compliance Show Cause Notices to following 9 offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA).
Those Exchange's list are-
#KuCoin
#Gate
#Huobi
#Kraken
#Bittrex
#Bitstamp
#MEXC
#Bitfinex
Always #DYOR before investing in Crypto anywhere around the world by using multiple Crypto Currency Exchanges and Trading Platforms.
