India FIU: Orders Takedown of 15 Offshore Crypto Platforms

India's Financial Intelligence Unit directed the removal of 15 offshore crypto platforms accused of serving Indian users without registering under the Prevention of Money Laundering Act. The move targets platforms that bypassed PMLA compliance requirements, building on prior regulatory actions against unregistered exchanges over the last year. India crypto regulation and PMLA enforcement crypto efforts continue to pressure offshore platforms India users rely on.