Binance, world’s largest cryptocurrency exchange, set for India return

1 year ago 26

Binance has reportedly paid a penalty of $2 million and will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry.

Binance

Binance is all set to restart operations in India.

New Delhi,UPDATED: Apr 18, 2024 12:28 IST

The world’s largest cryptocurrency exchange Binance is set to restart operations in India after it was banned by the government in January, reported The Economic Times.

Binance has paid a penalty of $2 million and will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry, added the report.

Published By:

Koustav Das

Published On:

Apr 18, 2024

Article From: www.indiatoday.in

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