--- url: https://deepvue.ai/industries/crypto-exchanges/ title: "Deepvue for Crypto Exchanges in India | KYC, FATF Travel Rule, FIU-IND" description: "Onboard Indian crypto users with India-Stack-native KYC, FATF Travel Rule readiness, FIU-IND PMLA registration support, and INR routing built for VASPs." last_modified: 2026-06-19T14:32:29.886Z --- 1. [Home](/) 2. Industries 3. Crypto Exchanges Industries  ·  Crypto Exchanges # Indian crypto onboarding the *FIU-IND* actually accepts. FATF Travel Rule, KYT, India-Stack KYC, INR on/off-ramp verification, and PMLA-aligned audit trails — wired into one decisioning layer for VASPs serving Indian users. Trusted by VASPs and crypto-FX hybrids running Indian onboarding [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## Built for VASPs Running *Indian Crypto Onboarding* From global exchanges with India desks to homegrown VASPs registered with FIU-IND — Deepvue gives you the KYC, KYT, and Travel-Rule infrastructure that PMLA inspections actually expect. ![DollarPe](/logos/kyc/dollarpe.png) ![iMocha](/logos/kyc/imocha.png) ![Lark Finserv](/logos/kyc/lark-finserv.png) ![NAMCO Bank](/logos/kyc/namco-bank.png) ![Nest](/logos/kyc/nest.png) ![SafeTree](/logos/kyc/safetree.png) ![SwitchMyLoan](/logos/kyc/switchmyloan.png) ![Times Internet](/logos/kyc/timesinternet.png) ![Yenmo](/logos/kyc/yenmo.png) ![DollarPe](/logos/kyc/dollarpe.png) ![iMocha](/logos/kyc/imocha.png) ![Lark Finserv](/logos/kyc/lark-finserv.png) ![NAMCO Bank](/logos/kyc/namco-bank.png) ![Nest](/logos/kyc/nest.png) ![SafeTree](/logos/kyc/safetree.png) ![SwitchMyLoan](/logos/kyc/switchmyloan.png) ![Times Internet](/logos/kyc/timesinternet.png) ![Yenmo](/logos/kyc/yenmo.png) ![DollarPe](/logos/kyc/dollarpe.png) ![iMocha](/logos/kyc/imocha.png) ![Lark Finserv](/logos/kyc/lark-finserv.png) ![NAMCO Bank](/logos/kyc/namco-bank.png) ![Nest](/logos/kyc/nest.png) ![SafeTree](/logos/kyc/safetree.png) ![SwitchMyLoan](/logos/kyc/switchmyloan.png) ![Times Internet](/logos/kyc/timesinternet.png) ![Yenmo](/logos/kyc/yenmo.png) VASP KYC for Indian crypto users FATF Travel Rule readiness PMLA + FIU-IND audit logging KYT + sanctions / OFAC / UN screening INR on/off-ramp bank verification mule & multi-account fraud signals 30% TDS / 1% TCS-ready user records VASP KYC for Indian crypto users FATF Travel Rule readiness PMLA + FIU-IND audit logging KYT + sanctions / OFAC / UN screening INR on/off-ramp bank verification mule & multi-account fraud signals 30% TDS / 1% TCS-ready user records VASP KYC for Indian crypto users FATF Travel Rule readiness PMLA + FIU-IND audit logging KYT + sanctions / OFAC / UN screening INR on/off-ramp bank verification mule & multi-account fraud signals 30% TDS / 1% TCS-ready user records ## Three things VASPs need that horizontal KYC vendors don't deliver. Crypto exchanges in India operate under **FIU-IND registration, PMLA, and FATF VASP guidance** — not the same rules as a UPI fintech. Deepvue is built for that distinction. FATF R16 data, ready to share 01 · Travel Rule Capture beneficiary + originator data per FATF Recommendation 16. Wire it to TRP partners (Notabene, Sumsub Travel Rule, others) without rebuilding the data layer. Originator + beneficiary KYC fields captured at onboarding Threshold-based flagging (USD 1,000 / INR equivalent) Travel-rule data export, structured for any TRP PMLA-format audit trail 02 · PMLA + FIU-IND VASPs in India register with FIU-IND under PMLA. When inspectors ask for STR/CTR backing, the trail needs to be there — and in their format. User-level audit, exportable on demand CTR / STR field-mapping support Encrypted retention, RBI-aligned residency Match the bank, kill the mule 03 · INR on/off-ramp Indian crypto fraud is bank-account-mismatch fraud — strangers funding mule accounts. Verify name-on-bank matches name-on-PAN before any INR moves. Penny-drop ownership confirmation (IMPS) UPI VPA + bank-account match Mobile Number Revocation List (MNRL) screening VASPs running through **Sumsub, Onfido, or Persona** can capture KYC, but lose the FIU-IND PMLA-format trail and the INR-bank ownership check that block mule onboardings. Deepvue handles both as part of the chained decision. ## Where horizontal KYC vendors leave VASPs exposed. If you're using Sumsub, Onfido, or Persona for Indian crypto onboarding, your gap usually lives in one of these four places. Horizontal stack on VASP use case No FIU-IND PMLA-format audit trail No INR bank-ownership check before on-ramp FATF Travel Rule fields fragmented across tools PAN-mismatch fraud sneaks through generic OCR Deepvue, VASP-aware PMLA-format trail per user, FIU-IND export-ready Penny-drop INR bank check before fiat on-ramp Travel-Rule-ready originator/beneficiary fields PAN validated against source, not parsed as text FIU-IND inspection coming up? 15-min walkthrough — bring a sample user, leave with the PMLA-format audit trail your inspector expects. [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## The VASP onboarding stack — six checks, one chain. Every check a registered Indian VASP (or a global exchange serving Indian users) needs in one configurable workflow — sequential, parallel, or stop-on-fail. DigiLocker KYC Pull Aadhaar + PAN fetched from government wallet with consent. PMLA-aligned identity record creation. [Explore](/digilocker-api/) PAN + Source Validation PAN checked against authoritative records, name match scored. 30% TDS / 1% TCS reporting fields prepared. [Explore](/pan-verification-api/) Face Match + Liveness In-house ML, anti-spoof against photo, video, mask, deepfake. Tuned for Indian face data variance. [Explore](/face-match-api/) INR Bank + UPI Match Penny-drop confirms ownership before fiat on-ramp clears. UPI VPA matched to bank-account name. [Explore](/bank-account-verification-api/) PEP / Sanctions / Adverse Media UN, OFAC, EU sanctions; FATF R12 PEP lists; adverse-media checks at onboarding and ongoing. Travel-Rule + MNRL Block FATF R16 originator/beneficiary fields captured + Indian Mobile Number Revocation List blocking mule recycling. [Explore](/mnrl-api/) ## How VASPs run Indian crypto onboarding on Deepvue. From a user landing on signup to their first INR on-ramp clearing — every step PMLA + Travel-Rule ready by default. 01 Indian user lands, KYC consent DigiLocker consent screen renders. Aadhaar + PAN pulled with masking applied per UIDAI guidance. 02 PMLA fields + face captured Identity record built in PMLA / FIU-IND format. Liveness selfie matched to Aadhaar photo, anti-spoof pass. 03 Bank, screening, KYT in parallel INR penny-drop + UPI VPA match + PEP / sanctions / MNRL all fire concurrently. KYT counterparty score pulled if you operate one. 04 Decision + Travel Rule data ready APPROVE / REVIEW / REJECT, PMLA-format audit logged, FATF R16 originator data structured for outbound transfers. End-to-end median: **under 60 seconds**. PMLA inspection-ready audit trail produced for every onboarding, no extra step. VASP-grade KYC, ready in your sandbox today. DigiLocker, face, INR bank, PMLA-format audit — call the chain end-to-end before wiring anything to production. [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## A VASP onboarding decision, end-to-end. What a single Indian crypto-user onboarding flow looks like — chained checks, PMLA-format audit, Travel-Rule data structured. The check chain CHAIN // VASP onboarding chain 1. POST /v1/identity/digilocker 2. POST /v1/identity/pan-validate 3. POST /v1/face-match 4. POST /v1/face-liveness 5. POST /v1/banking/penny-drop 6. POST /v1/banking/upi-vpa-match 7. POST /v1/identity/mnrl 8. POST /v1/screening/pep-sanctions-am 9. POST /v1/decision/vasp-onboarding What you wire in Auth header single API key, all endpoints User inputs phone, email, dob, intended use Webhooks decision + Travel-Rule events post back Decision rules VASP-specific risk thresholds Decision response 200 OK · JSON { "user\_id": "u\_v3a7c9e2", "decision": "APPROVED", "latency\_ms": 52107, "checks": { "identity\_digilocker": "PASS", "face\_match": "PASS", "inr\_bank\_match": "PASS", "upi\_vpa\_match": "PASS", "mnrl": "PASS", "pep\_sanctions\_am": "NO\_MATCH" }, "travel\_rule": { "originator\_ready": true, "threshold\_inr": 82500 }, "audit\_trail\_id": "at\_2026\_04\_28\_18\_15\_03", "compliance\_format": "PMLA\_FIU\_IND\_v2", "data\_residency": "IN" } ## Compliance map for Indian crypto onboarding. The regulations FIU-IND, RBI, and FATF actually ask about for VASPs — and how Deepvue's capabilities map to each. AML PMLA, 2002 (Mar 2023 amendment) Brought VASPs explicitly under PMLA. KYC, record-keeping, STR/CTR reporting to FIU-IND. RBI FIU-IND VASP Registration VASPs operating in India must register with FIU-IND. Onboarding records, STR submission expected on demand. AML FATF R16 — Travel Rule Capture & share originator + beneficiary data for VA transfers above threshold. Indian VASPs must operationalize this. FATF FATF R10, R12 — CDD & PEPs Customer Due Diligence (R10) and Politically Exposed Persons screening (R12) at onboarding and ongoing. DATA DPDP Act, 2023 Consent, purpose limitation, data-fiduciary duties for all Indian crypto user data including KYC and transaction records. DATA Income Tax (TDS / TCS) 30% TDS on VDA gains, 1% TCS at source for certain transfers. User-level records must support tax reporting. SCREENING UN, OFAC, EU, MHA sanctions Sanctions list screening at onboarding and ongoing. India MHA list checked alongside global lists. SCREENING IT Act, 2000 (Sec 43A) Reasonable security practices for sensitive personal data. Encryption, access controls, breach response. This map is informational, not legal advice. Your VASP licensing in your home jurisdiction (Singapore MAS, EU MiCA, Dubai VARA) layers on top — Deepvue's audit trail is built to satisfy India + your home regulator. ## Where Indian VASP onboarding usually breaks. Indian crypto traders find exchanges via referral links, Twitter/X threads, and YouTube reviews. The funnel from "signed up" to "first INR on-ramp cleared" usually breaks at one of these five points. Where the funnel breaks Step 1 — KYC manual upload, abandons within 60 seconds Step 2 — Bank-owner name doesn't match PAN, on-ramp blocked Step 3 — Multi-account fraud lands, chargebacks weeks later Step 4 — FIU-IND inspection asks for STR backing, you don't have it in format Step 5 — Outbound transfer hits Travel-Rule threshold, no originator data ready Deepvue collapses Steps 1-3 into **under 60 seconds**. Step 4 — every onboarding produces a PMLA / FIU-IND-format audit, ready for STR/CTR mapping. Step 5 — Travel-Rule originator and beneficiary fields captured at onboarding, structured for any TRP partner. Show me the PMLA-format trail FIU-IND expects. 15-min walkthrough — bring a sample user profile, leave with the inspection-ready audit format. [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## Wire it in over a sprint. Indian VASP teams drop Deepvue into their onboarding flow in **under two weeks**. One sandbox key, one chained endpoint, webhooks into your KYT engine and FIU-IND export pipeline. Day-by-day rollout 1 Days 1-2 — sandbox keys + Travel-Rule field mapping 2 Days 3-5 — wire into your signup, route Indian users 3 Days 6-8 — webhooks to KYT + FIU-IND export 4 Days 9-10 — production keys, gradual rollout, audit verification ## What VASPs get out of the box for India. Capabilities every Indian-facing crypto exchange needs — without stitching together five vendors and missing the FIU-IND format. Integration features Single REST endpoint One chained call wraps the full onboarding flow. Sandbox first Test users end-to-end before any production traffic. Webhook decisioning Decisions, retries, and step-level events post back to your stack. PMLA / FIU-IND export User-level audit, on-demand export for STR / CTR backing. Out of the box DigiLocker KYC pull Aadhaar + PAN fetched directly from the government wallet with user consent. Face match + liveness In-house ML, anti-spoof against photo, video, mask, and deepfake attacks. INR bank + UPI match Penny-drop and UPI VPA ownership confirmation before fiat on-ramp release. Travel-Rule + sanctions FATF R16 originator/beneficiary fields captured. Global PEP, OFAC, UN, EU, MHA sanctions list screening. PMLA / FIU-IND audit trail Per-user, per-decision, immutable. STR/CTR-mappable export in one API call. Per-call trace ID Every decision tagged with a retrievable trace ID. Plug into your audit pipeline without custom logging. Ship India VASP onboarding in a sprint. Sandbox keys today. Production traffic in two weeks. PMLA-format trail from day one. [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## VASPs building Indian crypto onboarding on Deepvue. Five customer profiles — each with a specific outcome from the India-aware onboarding chain. FIU-IND-registered VASP PMLA inspection-ready, day one First-time FIU-IND inspection sailed through. Per-user audit trail, STR-mappable, exported in 4 minutes. Crypto-FX hybrid · SG Travel Rule wiring in 5 days Originator/beneficiary fields piped into Notabene + Sumsub Travel Rule from one Deepvue webhook. No data-layer rebuild. Indian-domiciled exchange Mule rate cut by 70%+ PAN-mismatch + INR bank-name match + MNRL caught mule onboardings before any fiat on-ramp moved. First quarter alone. Global exchange · India desk India region in 14 days Routed Indian users into Deepvue while keeping the global Sumsub flow elsewhere. Sandbox-to-prod 14 days. Web3 wallet · INR ramp First INR clearing in 90 sec DigiLocker + UPI VPA + bank-account match collapsed the onboard-to-first-trade window from 24 hours to 90 seconds. ## Built for VASPs, mapped to India PMLA. Your home VASP licensing (Singapore MAS, EU MiCA, Dubai VARA) and the Indian framework (PMLA, FIU-IND, RBI, DPDP) ask for different things. Deepvue's audit trail satisfies both. India-side commitments DPDP-aligned consent capture per check PMLA / FIU-IND-format audit, on-demand export KYC sourced via authorized partner integrations Paperwork & controls Travel-Rule data structured for any TRP partner SOC 2 Type II controls (in audit) ISO 27001 aligned GDPR-compatible DPA available Deepvue is not a regulator and does not represent itself as RBI, SEBI, UIDAI, FIU-IND, or any government authority. Customers retain full responsibility for their VASP licensing, PMLA reporting, and home-country compliance. Deepvue provides the verification infrastructure and structured audit trail; the regulatory decisioning is yours. Applicable regulations All API interactions are protected using encryption, role-based access controls, and audit logging. ## Volume pricing for VASPs. Onboarding bundles tier with monthly user volume. Travel-Rule data + PMLA audit included by default. INR or USD invoicing. Pricing scales with monthly Indian user volumechecks per onboarding (5, 7, 9+)PMLA audit + Travel-Rule fieldsongoing screening tierINR or USD invoicing Most VASPs running 5k-50k Indian onboardings per month land in the **per-decision** range similar to Sumsub or Persona pricing — but with FIU-IND-format audit and Travel-Rule data already included, no per-add-on surcharges. [Talk to a Specialist](/contact/) [Request a Demo](/demo/) ## Common questions from VASP compliance and product leads. Real questions, asked in evaluation calls. If yours isn't here, book a 15-min walkthrough — we'll answer it live. We're already on Sumsub / Persona / Onfido globally. Why add Deepvue for India? You don't have to swap globally. Most VASPs route Indian users into Deepvue while keeping the global stack for the rest. The wins: India-Stack-native flows (DigiLocker, UPI VPA match, INR penny-drop) catch mule onboardings that horizontal vendors miss, and the PMLA / FIU-IND-format audit trail is structured for Indian inspections from day one. Does Deepvue handle Travel Rule data, or do we still need Notabene / Sumsub Travel Rule? Deepvue captures originator + beneficiary fields per FATF R16 at onboarding and structures them for any TRP partner. Most VASPs still use a dedicated TRP for the actual inter-VASP messaging (Notabene, Sumsub Travel Rule, Veriscope, etc.). Deepvue + your TRP works in tandem — we feed clean, structured data to them so they don't have to re-collect it. Where is Indian user data stored? Indian servers by default. Storage arrangements are negotiated per MSA, with defaults aligned to DPDP and applicable sector regulations. Will the audit trail satisfy FIU-IND inspectors? The trail is structured for PMLA / FIU-IND inspection — consent, source-of-data, timestamp, decision rationale, full check history. STR/CTR field mapping is supported. We don't issue STR submissions on your behalf; you do that. We provide the inspection-grade backing. How does this fit with our existing KYT / chain analytics provider (Chainalysis, TRM, Elliptic)? Deepvue handles KYC + onboarding decisioning. KYT is your chain analytics provider's lane — Deepvue's webhooks feed verified user identity into your KYT engine so on-chain risk scores can be tied to verified human counterparties. What about 30% TDS and 1% TCS reporting? Deepvue doesn't file your tax statements, but the user-level records we produce (PAN, name, residential address, transactions linked to user) are structured for the 30% TDS on VDA gains and 1% TCS reporting your tax-compliance team needs to file. ## Is Deepvue the right India KYC partner for a crypto exchange or VASP? **Deepvue** provides India-Stack-native KYC, INR bank verification, FATF Travel-Rule data capture, and PMLA / FIU-IND-format audit trails built specifically for VASPs serving Indian users. It delivers DigiLocker pulls, in-house face match + liveness, penny-drop bank ownership verification, sanctions / PEP / adverse-media screening, and PMLA-format audit logs in a single decisioning chain — typically routed for Indian users alongside a global Sumsub / Persona / Onfido stack. ## Onboard your next Indian crypto user PMLA-ready, end-to-end. India-Stack-native. Travel-Rule structured. Built for VASPs. [Talk to a Specialist](/contact/) [Request a Demo](/demo/)