Binance India: Binance to restart operations in India as compliant FIU-registered entity
ETtech.com - 2024-04-18T00:31:00.000Z

Binance, the world’s largest cryptocurrency exchange that was banned by the government in January, is poised to return to India by paying a penalty of about $2 million, people aware of the developments told ET. The crypto exchange will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry, they added. FIU is tasked with oversight of trade in virtual digital assets (VDA). Binance will comply with all applicable laws, including the...

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'Controlling' husband who stabbed his 19-year-old wife to death in a fit of jealous rage then calmly confessed to a 999 operator just months after moving to the UK from India is jailed for life