How this site reads the FIU register

The table above is read from the list the Financial Intelligence Unit - India publishes of entities registered as reporting entities for virtual digital asset service provision. The list is read once a week, and the date shown is the one the source gives. Where the source gives no date, the site says so.

What the FIU register records

The register kept by the Financial Intelligence Unit - India names the entities that have registered as reporting entities for virtual digital asset service provision under the anti-money-laundering law. Registration places duties on the provider: it must identify customers, keep records, and report certain transactions to the FIU. The register is not a licence list in the sense that SEBI licenses stockbrokers, and it carries no finding about the safety of a platform, the quality of its custody, or the soundness of its business. A reader should treat it as one fact among several, not as a certificate.

A name on the register is a record of an act by the provider, not a verdict by this site. The FIU publishes the list; this site copies it without adding or removing entries, and without ranking or rating any venue. The law that creates the register is concerned with the flow of funds and the identification of the people who move them; it is not a consumer-protection statute. A provider can be on the register and still lose a client’s coins through poor custody, or leave a client unable to withdraw. The register does not measure those risks, and this site does not claim that it does.

The weekly read and what a changed entry looks like

This site reads the FIU’s published list once a week, on a fixed schedule, and updates the table above from what the source shows that day. A changed entry is simply an entry that reads differently from the previous week. The source may add a name, remove a name, alter the date it gives, or change the kind of service a provider is listed for. The table records what the source published on the day it was read; it does not infer why a change happened, and it does not comment on the significance of a name appearing or disappearing.

A reader comparing the table from one week to the next should remember that the source itself may be corrected after publication. The FIU can withdraw an entry, amend a date, or reclassify a service without explaining itself. This site does not chase those changes beyond the weekly read, and it does not hold a historical archive of every version of the list. The table above is the current state of the source, not a complete ledger of every change the FIU has ever made. Where the source gives no date for an entry, the table says so rather than guessing.

How a reader should match a name on the register to an app

The names on the register are the names the source wrote, and they may not match the name a reader sees in an app store or on a website. A provider can trade under a brand while registering under a different legal entity, and the register does not cross-reference brand names to legal names. A reader who wants to know whether the app on their phone is the entity on the register must compare the legal name in the app’s terms of service or privacy policy with the name in the table. The two must match exactly; a similar name is not enough.

The register also lists the kind of service each provider is registered to give, and a reader should check that the service they are using is the one the provider registered for. A provider registered as a wallet service is not necessarily registered as an exchange, and the reverse. The table above shows the service as the source wrote it, with no interpretation. If a reader cannot find a provider’s legal name on the register, the provider may be operating without registration, or it may be registered under a different entity, or the source may have removed it. The absence of a name is not by itself proof of wrongdoing; it is a fact to weigh with others.

What this site does not say about unregistered or offshore venues

A name absent from the FIU register is not shown to be unlawful by that fact alone. The anti-money-laundering law requires providers serving the Indian market to register, but enforcement is the FIU’s job, not this site’s. This site does not list venues that are absent from the register, and it does not publish opinions about whether an unregistered venue is legal or safe. A reader who uses a venue that is not on the register takes on a set of risks that this site does not measure, and no statement on this page should be read as a warning against any particular venue.

Offshore venues present a separate question. A provider based outside India may be registered with a foreign authority and still be absent from the FIU register. This site does not rate or rank any venue, onshore or offshore, and it does not advise a reader to use one or avoid another. The pages on this site explain what registration means and what it does not mean; they leave the decision to the reader. Where a reader wants to know whether a venue is registered in another country, the reader should check that country’s own register, not this one.