Title: Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
Post by: Bitcoin on Jun 21, 2024, 08:27 am
Post by: Bitcoin on Jun 21, 2024, 08:27 am
Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the government’s tax measures significantly reduced daily trades on some major local crypto exchanges. This fine follows Binance’s global scrutiny and former CEO Changpeng Zhao […]
Source: Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations (https://news.bitcoin.com/indian-authority-fines-crypto-exchange-binance-2-25-million-for-aml-violations/)
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the government’s tax measures significantly reduced daily trades on some major local crypto exchanges. This fine follows Binance’s global scrutiny and former CEO Changpeng Zhao […]Source: Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations (https://news.bitcoin.com/indian-authority-fines-crypto-exchange-binance-2-25-million-for-aml-violations/)