India registers 49 crypto exchanges under the AML framework
In its 2024–2025 annual report, India’s Financial Intelligence Unit (FIU-IND) confirmed that 49 cryptocurrency exchanges are now required to follow anti-money laundering (AML) rules under the country’s laws.
This follows India’s 2023 decision to bring Virtual Digital Asset (VDA) service providers under the Prevention of Money Laundering Act (PMLA), subjecting crypto exchanges to the same standards as banks and other financial institutions.
According to the FIU report, on 5 January 2026, forty-five of those exchanges that are actually registered in India had completed the process in the country and undergone local review.
There are also four platforms operating from outside India that have undergone the registration…
