India strictly bans trading privacy tokens, citing money laundering risks. According to The Economic Times, India's Financial Intelligence Unit (FIU), under the Ministry of Finance, has instructed domestic cryptocurrency exchanges and platforms to cease offering anonymous enhanced cryptocurrencies (ACE), prohibit deposits or withdrawals of such tokens, and consider them as "unacceptable assets" under the risk mitigation framework. FIU
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India strictly bans trading privacy tokens, citing money laundering risks. According to The Economic Times, India's Financial Intelligence Unit (FIU), under the Ministry of Finance, has instructed domestic cryptocurrency exchanges and platforms to cease offering anonymous enhanced cryptocurrencies (ACE), prohibit deposits or withdrawals of such tokens, and consider them as "unacceptable assets" under the risk mitigation framework. FIU