In October 2025, the Financial Intelligence Unit of India (FIU-IND) took strong action against 25 offshore cryptocurrency exchanges that didn’t follow the Prevention of Money Laundering Act (PMLA). Indian users can no longer access major platforms like Changelly, Paxful, BingX, CEX.IO, LBank, and others.
Understanding What’s Going On Right Now
The blocked exchanges had a daily trading volume of more than $22 billion, which affected millions of Indian crypto traders. Because these platforms didn’t register with FIU-IND and didn’t follow Anti-Money Laundering (AML) rules, they were told to take their websites and apps down in India.
Exchanges that are currently registered and operating legally in India must:
- Finish the FIU-IND registration process
- Put in place full KYC procedures
- Keep records of transactions for the authorities
- Follow the rules for tax deduction at source (TDS)
- Follow the rules for reporting under the PMLA
Why Traders Are Choosing Instant Exchanges
Many people in India who are interested in cryptocurrencies are finding instant exchange services to be a good option. Changeum.io offers a different way to trade cryptocurrencies in this category of services:
How Instant Exchanges Are Different
Model without custody: Instant exchangers don’t keep user funds like regular exchanges do. Direct transactions between your wallet and the service lower the risk of regulatory problems.
No need for an account: Users can trade cryptocurrencies without having to sign up or give the platform any personal information.
Access to the whole world: These services work all over the world and can still be accessed from places like India.
What Indian Users Can Do with Changeum.io
A lot of cryptocurrencies are supported: You can trade more than 50 cryptocurrencies, including BTC, ETH, USDT (ERC20/TRC20/BEP20), BNB, SOL, TON, and many more.
Rates that are competitive: The platform combines rates from different liquidity providers to give you competitive exchange rates with a clear service fee of 0.25%.
Quick processing: Most trades finish in 5 to 30 minutes, depending on how long it takes for the network to confirm.
Support for more than one language: For the user’s convenience, it is available in English, Hindi, and other languages.
How to Use Changeum.io from India
- Go to the site: Go to Changeum.io – instant crypto exchange directly through your browser
- Choose the pair you want to trade: Choose the cryptocurrency you want to send and get back
- Enter the amounts: Tell us how much you want to trade
- Give your wallet address: Type in the address of your receiving wallet
- Finish the exchange: Send your cryptocurrency to the address given
- Get your money: Put your exchanged cryptocurrency in your wallet
Important Things for Indian Traders to Think About
Tax duties: No matter what platform they use, Indian residents are still responsible for reporting their crypto gains and paying the taxes that are due.
Practices for security: Always double-check wallet addresses, use secure internet connections, and think about using hardware wallets for big amounts.
The market is unstable: The prices of cryptocurrencies can change quickly. When you can, think about using fixed-rate options.
The Future of Crypto Trading in India
As India works on its rules for cryptocurrencies, traders are adjusting to the new situation. Centralized exchanges have to follow more and more rules, but instant exchange services like Changeum.io offer a simpler and easier way to trade. Changeum.io is a good option for people who want something simple and easy to use.
The crypto ecosystem keeps changing, and new solutions are being made to meet the needs of traders. In this fast-paced market, knowing your options helps you make smart choices, whether you’re trading small amounts for personal use or managing larger portfolios.
Conclusion
The enforcement action in October 2025 is another step in India’s complicated relationship with cryptocurrency. There are still options for traders who are determined, even though 25 exchanges, including Changelly and Paxful, are no longer available. Changeum.io is one of these options, allowing for instant exchanges without the hassle of traditional platforms.
As always, traders should do their own research, know what the risks are, and keep up with changes in the law. The world of cryptocurrencies is always changing, and the best way to deal with these changes is to be flexible.
Disclaimer: This article is for informational purposes only. It does not constitute financial advice. Always conduct your own research before investing in digital assets.