J&K Crypto Watch Tightens

According to a news report, the government has directed local cryptocurrency exchanges to closely monitor transactions originating from Jammu & Kashmir and nearby border regions.
This decision comes amid increasing concerns over the potential misuse of digital currencies for money laundering or financing illegal activities. The Financial Intelligence Unit (FIU-IND), responsible for investigating financial crimes, has reportedly advised multiple Indian crypto platforms to remain vigilant against possible money laundering threats, according to two individuals familiar with the matter.