https://www.taxtmi.com/news?id=37119 The FIU's typologies report expresses suspicion that VDAs and VASPs are being used to facilitate terrorist financing, narcotics trafficking, CSAM distribution, cybercrime proceeds laundering, and illegal betting, noting mule accounts, VPN use, high volume deposits from un hosted and offshore exchanges, unregistered VASPs, pump and dump schemes, and offshore/un identified wallets. The FIU shared credible intelligence with enforcement agencies, which took action in some cases, and the report situates these patterns within India's evolving framework of taxation, reporting obligations for exchanges under anti money laundering rules, and calls for sectoral regulation. en-us Wed, 12 Mar 2025 17:31:03 +0530 Wed, 12 Mar 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37119 The FIU's typologies report expresses suspicion that VDAs and VASPs are being used to facilitate terrorist financing, narcotics trafficking, CSAM distribution, cybercrime proceeds laundering, and illegal betting, noting mule accounts, VPN use, high volume deposits from un hosted and offshore exchanges, unregistered VASPs, pump and dump schemes, and offshore/un identified wallets. The FIU shared credible intelligence with enforcement agencies, which took action in some cases, and the report situates these patterns within India's evolving framework of taxation, reporting obligations for exchanges under anti money laundering rules, and calls for sectoral regulation. News - Wed, 12 Mar 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=37119