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India’s Crypto Regulation Gets Stricter in 2025: Mandatory KYC Update by June 30

India’s Crypto Regulation Gets Stricter in 2025: Mandatory KYC Update by June 30

Global Cryptocurrency
Release Time:
2025-04-26 10:22:02
0

India’s cryptocurrency landscape remains in regulatory limbo, but the Financial Intelligence Unit (FIU-IND) is tightening oversight. By June 30, 2025, all crypto exchanges must update user KYC details—a move aimed at curbing tax evasion and improving compliance.

Investigations revealed widespread non-compliance with the 1% TDS rule on crypto transactions. The mandate signals India’s intent to formalize crypto oversight, though a comprehensive framework remains elusive.

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