Financial Intelligence Unit India (FIU) Subject : Economy Section: Monetary Policy Context: The Ministry of Finance has clarified that offshore cryptocurrency exchanges serving the Indian market have to be registered with the Financial Intelligence Unit­ India (FIU) as reporting entities As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin […]

    Sharp decline in FDI into India from Cayman Islands, Cyprus during April-Sep Subject :Economy Section: External sector Context: Sharp decline in FDI into India from Cayman Islands, Cyprus during April-Sep More about the news: Foreign direct investment (FDI) into India from the Cayman Islands and Cyprus witnessed a significant contraction during April-September of […]