How many crypto platforms are registered with FIU-IND?

The count is of registrations with FIU-IND, not of platforms open to Indian users today, and the Ministry does not publish the list.

The figures side by side

How we got this number

1. Start with the Ministry of Finance's written reply in the Lok Sabha (an unstarred question, answered 30 March 2026), which gives the total registered with FIU-IND as on 9 March 2026: 54.
2. Read the same reply for the Ministry's own explanation of what registration means, and for the takedown order: FIU-IND directed the takedown of the apps and URLs of 53 providers.
3. Compare it with the earlier count the Ministry gave: 28 in a Lok Sabha reply on 4 December 2023.
4. Report 54 as registrations with FIU-IND, not as a count of licensed or approved exchanges.

What this number does not tell you

• Registration with FIU-IND is an anti-money-laundering registration under the Prevention of Money Laundering Act, 2002. It is not a licence, an approval or an endorsement. The Ministry says this is why it does not publish the list: a public list may create the impression that registered entities are licensed, approved or endorsed by the government.
• The list of registered providers is not public, and this page does not name or rank platforms.
• The December 2023 count (28) comes from a news report of a Lok Sabha reply, not from the original document.
• Notices and penalties are separate from registration. For example, Inc42 reported on 9 September 2026 that FIU-IND had issued notices to 15 offshore providers, and that report gave no registered count.

Sources

1. Lok Sabha Unstarred Question No. 5805, Ministry of Finance (Department of Economic Affairs), Regulation of Virtual Digital Assets in the Country, 30 March 2026As on 09.03.2026, total 54 VDA SPs have been registered with FIU-India as Reporting Entities, and details thereof are at Annexure-I. … FIU-IND has directed the takedown of various applications and URLs of 53 VDA SPs engaged in notified activities … Publishing a public list may create the impression that registered entities are licensed, approved, or endorsed by the government
2. MediaNama, on a Lok Sabha reply, 7 December 2023Why it matters: The fact that these 28 companies registered with the FIU-IND could be seen as an attempt to establish legitimacy.
3. Inc42, on notices to offshore providers, 9 September 2026FIU Issues Notices To 15 Crypto Platforms, Initiates Takedown

Questions people ask

How many crypto exchanges are registered with FIU-IND?

54 virtual digital asset service providers were registered with FIU-IND as of 9 March 2026, according to the Ministry of Finance's Lok Sabha reply of 30 March 2026.

Does FIU-IND registration mean a crypto platform is licensed or safe?

No. It is an anti-money-laundering registration: the platform must report specified transactions to FIU-IND. The Ministry itself says a public list could wrongly suggest that registered entities are licensed, approved or endorsed by the government.

Is the list of registered crypto platforms public?

The Ministry did not publish it. In the reply it said a public list may create the impression that registered entities are licensed, approved, or endorsed by the government.

What happens to platforms that are not registered?

In the March 2026 reply the Ministry said FIU-IND had directed the takedown of the apps and URLs of 53 providers found operating without complying with the law. Separately, Inc42 reported on 9 September 2026 that notices went to 15 offshore providers.

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This figure is from Ministry of Finance's own release or a report quoting it. We recheck it half-yearly. If you have a newer or better source, send it to us.