Binance, the world's largest cryptocurrency exchange, is set to return to the Indian market after a four-month ban imposed by the nation's Financial Intelligence Unit (FIU) for non-compliance with anti-money laundering regulations. The exchange, which was banned in January, has agreed to pay a penalty of approximately $2 million and will re-enter as an entity registered with the FIU, complying with all applicable laws. This move comes as India continues to be a significant market for cryptocurrency, holding the highest number of crypto users globally.