
Binance, the world's largest cryptocurrency exchange, has resumed operations in India after a seven-month regulatory halt. The company registered as a reporting entity with India's Financial Intelligence Unit (FIU-IND), marking its 19th global regulatory milestone. This move follows the settlement of a $2.25 million fine imposed by Indian authorities. Binance's website and application are now fully accessible to Indian users, signaling the company's compliance with local regulations. The return of Binance to the Indian market is expected to impact the dynamics of cryptocurrency exchanges in the country, as it was previously a favored platform among Indian users.
#Binance registers with #FIU-#IND, pays Rs 18.8 crore #fine to restart operations in #India https://t.co/nVbB7uAcpM
FOLLOW-UP ARTICLE: Binance's website is accessible in India following successful registration with the FIU and a $2.25M fine. This marks a major step forward for the exchange's operations in the region. More details: https://t.co/LawlqLPTA9 https://t.co/WXGrVmTgZF
Binance Returns To India: Crypto Exchange Registers With FIU The exchange has reappeared on Google Play Store and Apple App Store after a seven-month ban for not complying with Indian regulation. https://t.co/QJdHEb7Vq7





