[India Strictly Prohibits Trading Privacy Coins, Requires Crypto Platforms to Delist Anonymous Tokens] According to *The Economic Times*, the Financial Intelligence Unit (FIU) under India's Ministry of Finance has requested domestic cryptocurrency exchanges and platforms to cease offering anonymity-enhanced cryptocurrencies (ACE). These tokens are prohibited from being deposited or withdrawn and are classified as 'unacceptable assets' under the risk mitigation framework. The FIU also warned that using tools like 'tumblers' and 'mixers' for coin mixing, as well as transferring funds to self-custody wallets, could allow sanctioned or blacklisted addresses to funnel funds into the system, making them difficult to trace. Platforms are required to collect data related to non-custodial wallets and assess whether to impose transfer limits on such transactions.