Indian IT Ministry directs crypto exchanges to store user data for 5 years
Cointelegraph
Published May 02, 2022 06:05AM ET
Updated May 03, 2022 08:00AM ET
The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, forcing crypto exchanges, virtual private network (VPN) providers and data centers to store a wide range of user data for up to five years.
Under the newly issued directive, crypto exchanges operating in India will be required to store customers’ names, ownership patterns, contact information and various other data.
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Written By: Cointelegraph
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