Binance, KuCoin Request Source of Funds from Indian Users After FIU Registration

Quick Summary:

Following Binance’s registration with India’s Financial Intelligence Unit (FIU), Indian-based cryptocurrency users have made claims that Binance now demands more information for users to carry out deposits and withdrawals on its platform.

Market players have also highlighted the potential impact of the exchange’s most recent regulatory move.  As observed by Pushpendra Singh, a popular Indian […]

The post Binance, KuCoin Request Source of Funds from Indian Users After FIU Registration appeared first on Coin Edition.

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Article Details

Author / Journalist: Ebiseyei Badei

Category: Crypto

Markets: India

Topics: Market News Binance News News KuCoin Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 14:30:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 142 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 23076084

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #124

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