The Financial Intelligence Unit (FIU) is a government agency. It monitors financial transactions. Its primary role is to combat money laundering and terrorist financing. The FIU collects and analyses data from various financial institutions. It collaborates with law enforcement agencies. The unit plays a crucial role in ensuring financial integrity. Its work supports the nation’s economic stability and legal framework.
India’s approach to regulating cryptocurrencies has taken another incremental but significant step. On January 8, the Financial Intelligence Unit–India (FIU-IND) updated its AML and CFT guidelines for entities...
