Centre Directs Crypto Exchanges to Conduct Cybersecurity Audits

The Indian government directed cryptocurrency exchanges to perform comprehensive cybersecurity audits to ensure secure operations, protect consumer funds, and mitigate fraud risks. Exchanges must assess IT infrastructure, risk management practices, and data protection measures, reporting findings to regulatory authorities. This initiative is part of broader efforts to regulate the digital asset ecosystem while safeguarding investor confidence. The directive highlights the increasing regulatory focus on operational resilience and cybersecurity in emerging fintech sectors.