India Crypto Registration FAQ (FIU-IND)

Short answers on which crypto platforms are registered with FIU-IND and what that means.

How many crypto exchanges are registered in India?

54 VDA service providers were registered with FIU-IND as reporting entities on 9 March 2026, according to a Lok Sabha answer of 30 March 2026. 9 were marked not operational and 3 conditionally on-boarded. Full list.

Is FIU-IND registration a crypto licence?

No. It is registration as a reporting entity under the Prevention of Money Laundering Act. The government has said a public list could create the impression that registered entities are licensed, approved or endorsed.

Is Binance registered in India?

Yes. Nest Services Limited (earlier Binance International Limited), Seychelles, is in Annexure I. FIU-IND fined Binance ₹18.82 crore on 19 June 2024.

Which crypto exchanges did India order to be taken down?

FIU-IND has directed the takedown of apps and URLs of 53 VDA service providers; the list is in Annexure II of Lok Sabha USQ 5805. Full list.

Does FIU-IND publish a list of registered crypto exchanges?

No. The government told the Lok Sabha that the registration database is primarily meant for law enforcement agencies and supervisory purposes.