Yahoo India: India tightens crypto oversight, introducing live biometric KYC, location tracking, enhanced bank verification, and ongoing risk reviews to curb fraud, ML, and the misuse of digital assets

Users must submit a live selfie that uses software detecting physical presence (like eye-blinking or head movement), not just a photo upload. At signup, exchanges must record: Geolocation, IP address, Timestamp & device info. In addition to PAN, users must provide...

India’s Enforcement Directorate files a prosecution complaint under AML laws against 5 accused over a ₹104 crore cyber-fraud and ML racket involving fake investment schemes and digital extortion 

ED’s complaint names Makbul Abdul Rehman Doctor, Kaashif Makbul Doctor, Mahesh Mafatlal Desai, Om Rajendra Pandya and Mitesh Gokulbhai Thakkar for defrauding victims nationwide through sophisticated cyberfraud schemes — including “digital arrest” scams, bogus...