Data: The Indian Enforcement Directorate has seized over $115 million in cryptocurrency in money laundering cases
ChainCatcher news, according to TechCrunch, the Indian Enforcement Directorate is investigating several cases of cryptocurrency money laundering, having so far seized $115 million in cryptocurrency related to such crimes.
Last week, the Indian Ministry of Finance stated in a notice that anti-money laundering legislation now applies to cryptocurrency transactions, custody, and related financial services, and companies operating in the crypto space will need to implement customer verification procedures. (Source link)
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