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"India Strengthens Fight Against Cryptocrimes: New Database in Development, Report Says"

India is developing a global database of crypto exchanges, including those on the dark web, with the aim of strengthening detection of cryptocrimes and money laundering. This initiative, aligned with the OECD Global Crypto Asset Reporting Framework (CARF), will allow law enforcement agencies to track criminal activity. The database is expected to launch later this fiscal year, reflecting India's changing attitude towards cryptocurrencies, highlighted by its leadership in cryptocurrency adoption and transactions.
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