India Builds “Virtual Asset Lab” to Track Offshore Crypto Platforms

Published by

Sohrab Khawas

March 12, 2026

India Builds “Virtual Asset Lab” to Track Offshore Crypto Platforms

India is developing a Virtual Asset Lab to detect offshore crypto exchanges operating without registration. The system will use data analytics and web surveillance tools to identify risky platforms targeting Indian users. Authorities have already blocked 85 non-compliant crypto URLs. Platforms offering services without proper KYC and AML compliance may be forced to follow Indian rules or shut down. The move comes after many traders shifted to offshore exchanges following India’s 30% crypto tax and 1% TDS introduced in 2022.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news