The Supreme Court of India has upheld that Chartered Accountants cannot be prosecuted for money laundering simply for issuing Form 15CB, as it is a statutory duty under the Income Tax Act. This ruling protects professionals from being unfairly targeted and clarifies the limited role of CAs in compliance matters.

India's Financial Intelligence Unit (FIU-IND) has mandated comprehensive cybersecurity audits for all Virtual Digital Asset (VDA) service providers, including crypto exchanges and custodians. These audits, to be conducted by CERT-In approved auditors, signal a major shift towards a more secure and regulated crypto ecosystem in India. The move aims to combat cybercrime, money laundering, and boost investor confidence, bringing the crypto sector in line with traditional financial regulations. Firms must now prioritize compliance, update security protocols, and prepare for the new PACT certification, marking an end to lax security practices.