4th May 2022 A new law will require cryptocurrency firms and exchanges to keep Know Your Customer (KYC) information and financial transactions for all of their clients for five years. This decision is seen as a positive.
7th September 2021 Recently, RBI announces, there is no need for dual KYC verification and background checks for individuals and corporates. Previously, as per RBI norms, financial compliance teams have to run digital.
5 April 2021 This afternoon, the RBI governor Shaktikanta Das made an unscheduled speech to announce the rationalization of KYC compliance norms, which provides for video-based KYC for certain categories. The KYC is a.