Cryptocurrency
FIU-Registered Crypto Exchanges: Check Before You Trade
FIU-IND registration is the single legal stamp that lets a crypto exchange operate in India.
Only about 49 VDA service providers were FIU-registered as of FY 2024-25; most apps are not.
Nine offshore exchanges were blocked in 2024; Binance returned only after a Rs 18.82 crore penalty.
Registration means the platform must do full KYC and report your big trades to the government.
No official public PDF list exists — verify via the exchange's own FIU registration number and KYC depth.
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