India Strengthens Crypto Regulations to Combat Money Laundering and Terror Financing

India has implemented stricter regulatory measures for the cryptocurrency sector, focusing on anti-money laundering (AML) and counter-terrorist financing (CTF) compliance. The new rules mandate that crypto businesses, including exchanges and platforms, must now adhere to the same reporting standards as traditional financial entities. This move aims to increase oversight and transparency within the digital asset ecosystem. The regulatory tightening is part of a broader global trend to integrate crypto operations into formal financial monitoring systems. While creating a more defined compliance framework, the development signals India's cautious yet structured approach to governing cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).