India's Financial Intelligence Unit (FIU-IND) released its 2024–25 fiscal year report, stating that so far, 49 cryptocurrency exchanges have completed anti-money laundering registration in India; among them, 45 are domestic platforms, and 4 are offshore platforms included in the reporting entity system. FIU emphasized that registered exchanges must submit suspicious transaction reports, identify wallet beneficiaries, and track fund flows. In the previous fiscal year, FIU imposed fines totaling 2.8 billion INR on violators. In October 2025, India blocked access to 25 non-compliant offshore exchanges, with only a few platforms like Binance, Coinbase, and Mudrex completing registration and continuing to serve Indian users. (financefeeds) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54641