India’s Financial Intelligence Unit (FIU) has unveiled stricter guidelines for crypto exchanges operating within the country. The updated regulations aim to enhance anti-money laundering (AML) efforts and counter risks associated with fraudulent activities. One notable requirement includes verifying users’ identity through live selfie pictures and geographic location tracking.
How the New Regulations Impact Crypto Exchanges in India
The revised Know-Your-Customer (KYC) guidelines make it mandatory for crypto exchanges to implement advanced user verification processes, such as:
- Live selfies for real-time identity verification.
- Eye and head movement checks through AI-driven scanning software to prevent deepfake misuse.
- Geographic location capture, IP address logging, and account creation timestamps.
- Small, traceable financial transactions upon account creation for AML compliance.
This regulatory framework is a response to the rise in AI-generated deepfakes and the growing risks associated with unverified activities on digital platforms, particularly in the crypto sector.
AI Tokens on the Rise: Spotlight on DeepSnitch AI (DSNT)
At the intersection of technology and crypto, AI-driven coins are creating waves, with DeepSnitch AI (DSNT) positioning itself as a standout player. DSNT utilizes cutting-edge AI solutions to assist investors in identifying market trends, high-potential cryptocurrencies, and emerging risks. Through tools like SnitchScan and SnitchGPT, the platform delivers actionable insights for more informed trading decisions.
Currently priced at $0.03401 during its presale, DeepSnitch AI has already garnered significant attention, with over $1.15 million raised so far. Early-stage investors have experienced an impressive 125% growth, with projections indicating further bullish potential in 2026 as the coin continues to scale.
Why DeepSnitch AI May Be the 100x Crypto of the Future
The strength of DeepSnitch AI lies in its wide-ranging utility. From auditing smart contracts for risk mitigation to tracking whale movements and trending cryptocurrencies, the platform empowers users to optimize their investment choices. These features, combined with its excellent performance in presale stages, signal a bright future for this AI-powered token.
If you’re looking to dive into emerging AI coins, DeepSnitch AI could be the perfect candidate to watch or invest in. Visit their official website for more details, or engage with their community on platforms like Telegram and X (formerly Twitter).
Other Trending AI Tokens to Watch
Tokens like Virtuals Protocol and Render (RENDER) have also demonstrated strong performance. Render, priced at $2.59 and up by 65% this month, reflects increasing demand for AI-related GPU technologies. Virtuals Protocol, on the other hand, saw a 31% surge recently but is currently experiencing a slight dip. Nonetheless, its potential recovery highlights the overall robustness of the AI crypto market.
Final Thoughts
With India’s FIU tightening its grip on crypto exchange regulations, the crypto space is becoming more secure for users. In parallel, innovative AI tokens like DeepSnitch AI are capturing the market’s attention with their real-world applications and promising growth trajectories. For those eager to get ahead in the AI-crypto revolution, now may be the best time to explore investment opportunities in this niche.
Disclaimer: This article is for informational purposes only. Conduct thorough research before making any financial decisions.