FIU-IND Guidelines for Virtual Digital Assets

Category: Economy / Financial Regulation / Internal Security / Cyber Economy

FIU-IND

Financial Intelligence Unit – India

It receives and analyses financial information relating to suspicious transactions and supports India's AML/CFT framework.

VDA

Virtual Digital Asset

Examples include certain:

  • Crypto assets

  • Digital tokens

  • Other qualifying virtual assets.

January 2026 Update

FIU-IND updated its AML & CFT Guidelines for Reporting Entities Providing Services Related to Virtual Digital Assets on 8 January 2026.

VDA Activities Covered

Under India's AML framework, relevant activities include:

  • Exchange between VDA and fiat currency

  • Exchange between different VDAs

  • Transfer of VDAs

  • Safekeeping/administration of VDAs

  • Certain financial services connected with VDA issuance.

Importance

Aims to combat:

  • Money laundering

  • Terror financing

  • Anonymous illicit financial flows.

Prelims

VDA service providers can fall under the PMLA reporting framework.