Deep Tide TechFlow News, January 12 — According to CoinDesk, India's Financial Intelligence Unit (FIU) has issued new regulations, significantly tightening the regulation of cryptocurrency exchanges. The new rules require the implementation of strict identity verification measures, including eye-blink selfie verification and geographic location recording, and prohibit the use of privacy tools such as mixers and support for ICOs to combat money laundering and terrorist financing. Additionally, exchanges must register with the FIU and retain user data for five years.