Why is it important to submit documentation for Crypto deposits?
Updated
Hi there! We understand that submitting documentation may feel like an extra step, but it's an important part of ensuring the security and compliance of your transactions. Here’s why:
Regulatory compliance: To comply with the guidelines set by the Financial Intelligence Unit (FIU) in India, we are required to keep records of all crypto deposit transactions.
AML/CFT guidelines: These records must be accessible to the authorities to meet Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations.
By submitting the required documentation, you help us maintain a safe, transparent platform while adhering to these necessary regulations.
