India Enforces Stricter KYC Regulations for Crypto Platforms with Enhanced User Verification
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Identity Verification Upgrade: India's Financial Intelligence Unit mandates crypto exchanges to implement live selfie authentication and geo-location tracking to enhance anti-money laundering (AML) and know-your-customer (KYC) compliance, ensuring user identity authenticity and security.
- Technical Safeguards: The new regulations require software tools to analyze users' eye and head movements to prevent deepfake technology from circumventing KYC checks, thereby improving the security and effectiveness of identity verification.
- Bank Account Verification: Exchanges must verify user bank account information through micro-transactions, aligning with global AML standards aimed at tracing and preventing illicit financial flows, thus enhancing transparency in the financial system.
- Market Potential and Challenges: While India has yet to establish comprehensive cryptocurrency legislation, its population of over 1.4 billion presents significant investment potential in digital assets, alongside challenges in tax compliance and regulatory enforcement.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
