India moves to block 15 crypto apps, leaving users facing sudden account lockout

India’s Financial Intelligence Unit, the agency enforcing anti-money laundering reporting rules for crypto services, has issued non-compliance notices to 15 providers and separately sought the takedown of their apps and URLs from public access in India.The Sept. 9 announcement says the services were operating without meeting relevant requirements under the Prevention of Money Laundering Act. The practical risk is loss of public app and website access, but the release does not say that every service is already blocked or that customer accounts, balances or withdrawals have been frozen.FIU-IND named both the consumer-facing brands and their associated entities. The first six are Weex, paired with Weex International Exchange LTD; Blofin with BLF Global Limited; Rezorex with RezorEx; Bitunix with Bitunix LLC; DigiFinex with DigiFinex Ltd; and Toobit with Hopeful Technology Co. Ltd.The remainder are XT.com, paired in the release with Fibtc Ltd / XT TECHNICAL PTE. LTD.; Latoken with LAtrade Ltd; WOO X with Wootech Limited; Pionex with Marketa Trading Inc.; ChangeNow with CHN Group LLC; SimpleSwap with SimpleSwap LTD; Fixedfloat with FFGX Group LLC; WhiteBIT with UAB Clear White Technolog...