Lok Sabha Question No. 112 (UNSTARRED), answered on 2023-12-04
Subject: AML and CFT Guidelines for Reporting Entities
Ministry: FINANCE
Asked by: Lavu Sri Krishna Devarayalu

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTEMENT OF REVENUE

## LOK SABHA UN-STARRED QUESTION NO. 112

## TO BE ANSWERED ON MONDAY, THE 04 th  DECEMBER, 2023 AGRAHAYANA 13, 1945 (SAKA)

## AML and CFT Guidelines for Reporting Entities

## 112. SHRI LAVU SRI KRISHNA DEVARAYALU:

- Will the Minister of FINANCE be pleased to state: (a) the details of all the registered entities as per the 'AML and CFT Guidelines for Reporting Entities providing Services related to Virtual Digital Assets' guidelines; (b) whether these guidelines and reporting requirements are applicable to Offshore Crypto Exchanges servicing the Indian market; (c) if so, the details thereof; and (d) if not, the remedial action taken or likely to be taken in cases of non-compliance
- by such Offshore platforms?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a) The details of Virtual Digital Asset Service Providers (VDA SPs) are enclosed as Annexure. (b) to (d) Yes, the guidelines and reporting requirements are applicable to offshore crypto  exchanges  servicing  the  Indian  Market.  The  process  of  registration  for  the said VDA SPs has been initiated.

Appropriate  action  under  PMLA  shall  be  initiated  in  cases  of  non-compliance  by offshore platforms.

- ********

## ANNEXURE

## Details of Virtual Ditigal Assets Service Providers (VDA SPs) Registered with  Financial Intelligence Unit-India (FIU-IND)

|   S. No. | RE Name                                   | Trade Name      |
|----------|-------------------------------------------|-----------------|
|        1 | Neblio Technologies Private Limited       | Coin DCX        |
|        2 | ANQ Digital Finserv Privare Limited       | ANQ Finance     |
|        3 | Unocoin Technologies Pvt Ltd              | Unocoin         |
|        4 | Buyhatke internet private limited         | Onramp          |
|        5 | Giottus Technologies Pvt Ltd              | Giottus         |
|        6 | Bitbns Internet Private Limited           | Bitbns          |
|        7 | Awlencan Innovations India Ltd            | Zebpay          |
|        8 | Zanmai Labs PVT LTD                       | WazirX          |
|        9 | Bitcipher Labs LLP                        | Coinswitch      |
|       10 | Nextgendev Solutions Private Limited      | CoinswitchX     |
|       11 | Rpfas Technologies Pvt Ltd                | Mudrex          |
|       12 | Iblock Technologies Pvt Ltd               | Buyucoin        |
|       13 | Wollfish Labs Pvt Ltd                     | Coindhan        |
|       14 | Rario Digital Private Limited             | Rario           |
|       15 | Angelic Infotech Pvt Ltd                  | Suncrypto       |
|       16 | Carretx Technologies Pvt. Ltd.            | Carret          |
|       17 | Ante Multimedia Private Limited           | -               |
|       18 | Abhibha Technologies Pvt Ltd              | Onmeta          |
|       19 | Smartliving Digital Technologies Pvt. Ltd | Cryptosmartlife |
|       20 | Ucy Technology Pvt Ltd                    | Pyor            |
|       21 | Digital Collectibles Pte. Ltd.            | Rario           |
|       22 | Veeratva Technologies Private Limited     | Valr            |
|       23 | Transak Technology India Private Limited  | Transak         |
|       24 | Remizo Technologies India Pvt Ltd         | Getbit          |
|       25 | Fin Genie Tech Pvt Ltd                    | Bytex           |
|       26 | Ardour Labs Pvt Ltd                       | -               |
|       27 | Inocyx Technologies Private Limited       | Inocyx          |
|       28 | Metatoken Technologies Private Limited    | Fanztar         |

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