The updated guidelines, issued on January 8 and accessed by PTI, classify crypto exchanges as Virtual Digital Asset (VDA) service providers who will now have to do more than just allow simple document uploads. ADVERTISEMENTUnder the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. Exchanges must record the exact latitude and longitude, date, timestamp, and IP address from which a user starts creating an account. The guidelines also ask exchanges to preserve client ID, their address and transaction details for at least five years and retain them until an investigation is closed. Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

Source: The Telegraph January 11, 2026 13:55 UTC