Binance Fined $2.25 Million by India’s FIU for Anti-Money Laundering Regulations

Quick Summary:

This fine is necessary for Binance to restart its operations in India.

Therefore, the exchange has been fined Rs 18.82 crore ($2.25 million) to restart its operations in the country.

This fine is part of a larger initiative to align international exchanges with local regulations.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United StatesCanadaIndia

Topics: Crypto Regulations News Binance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-20 @ 08:09:09 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 371 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21318798

View Article Analysis

About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 15 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions