Crypto India|Aug 19, 2026 06:12
๐จNEW: ๐ฎ๐ณ SEBI proposes digital KYC and account opening for NRIs and eligible overseas investors from abroad.
Key takeaways:
โข NRIs, OCIs and eligible foreign nationals could complete KYC without being physically present in India.
โข The proposal covers investors living in FATF-compliant countries.
โข KYC records could become portable, so investors don't have to repeat the same process with every intermediary.
โข Video verification, face-liveness, location and IP checks would help keep security safeguards in place.
โข The goal is to make it easier for overseas investors to access India's capital markets and reduce paperwork and delays.
This is currently a SEBI proposal, not a final rule.(Crypto India)
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