Liminal Custody, a Singapore-based digital asset custody and wallet infrastructure platform, announced the registration of its Indian entity ‘First Answer India Technologies Private Limited’ with the Financial Intelligence Unit (FIU) of India. The FIU registration empowers Liminal Custody to operate seamlessly within India’s established regulatory framework to combat money laundering and terrorist financing activities. This strengthens its position as a trusted partner for institutions seeking to confidently navigate the digital asset landscape, said the company. We are incredibly proud to receive FIU registration,” said Manhar Garegrat, Country Head, India and Global Partnerships at Liminal Custody. Liminal Custody also actively manages seized digital assets for the Central Bureau of Investigation, India’s premiere investigation agency.

Source: The Hindu May 24, 2024 10:52 UTC