Despite PMLA Enforcement, Non-Compliant Crypto Platforms Thrive: A Growing Regulatory and National Security Risk
Indian crypto exchanges face rising costs and compliance burdens under PMLA, while foreign platforms bypass laws, raising serious concerns over financial security, consumer protection, and national integrity. New Delhi, In March 2023, the Government of India took a pivotal step by bringing Virtual Digital Asset (VDA) service providers—such as crypto exchanges and custodians—under the purview […]