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India's Crypto OTC Trading Enters the 'Transparency Era': Transactions Over $10,000 Under Scrutiny

India's FIU-IND has taken action—demanding at least three crypto exchanges submit OTC trade records exceeding $10,000, tracing back to January 2026. It's not just about the amount; they want to uncover who's pulling the strings behind these trades. In simple terms, large OTC trades are no longer going to be 'whispers' in India.

For exchanges, compliance costs are set to rise; for retail traders, daily trading remains largely unaffected since OTC is primarily a game for the whales and institutions. However, this move does bring the Indian crypto market a step closer to regulation.

#India #CryptoRegulation #FIUIND #OTC #AML