India Custodial Wallet – Compliant Development
Launch a custodial wallet in India with compliance controls mapped to FIU-IND and FIU-IND / PMLA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
India · Custodial Wallet
India requires Virtual Digital Asset service providers to register with FIU-IND under the Prevention of Money Laundering Act as reporting entities. This is mandatory AML/CFT compliance for exchanges, custodians, OTC desks, and similar VDA activities serving Indian users.
| Jurisdiction | India |
|---|---|
| Regulator | FIU-IND |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- KYC identity verification integration
- AML transaction monitoring features
- Secure wallet infrastructure with encryption
- User activity logging for compliance audits
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What compliance measures are included in the custodial wallet?
- The custodial wallet includes KYC/AML compliance, transaction monitoring, and secure storage protocols.
- How does the custodial wallet ensure user data protection?
- User data is protected through encryption, secure access controls, and compliance with data protection regulations.
- What is the expected timeline for developing a custodial wallet?
- The development timeline varies based on features and compliance requirements, but we prioritize timely delivery.