Cybersecurity audits now mandatory for ‘crypto’ firms in India

A surge in cyber frauds targeting the digital asset space has prompted the Indian government to issue an urgent directive which requires all digital asset exchanges, custodians, and related intermediaries to undergo extensive cybersecurity audits. This ruling comes due to growing concerns over security and resilience of exchanges that handle virtual assets.

According to a report by Economic Times, firms operating in the digital asset sector must now engage cybersecurity auditors…

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