India Enforces Bank-Level Compliance on Cryptocurrency Platforms with Mandatory Cybersecurity Audits
India's Financial Intelligence Unit (FIU) has mandated stringent cybersecurity audits for cryptocurrency exchanges and intermediaries, aligning them with banking-sector compliance standards. The move, effective September 18, 2025, underscores the government's focus on securing the rapidly expanding digital asset market amid rising investor participation and trading volumes.
Regulators aim to mitigate risks of financial crimes, data breaches, and cyber threats while fostering institutional confidence. This development mirrors global trends where jurisdictions increasingly prioritize investor protection and market integrity in crypto regulation.