Cryptopolitan
2024-01-13 12:55:35

Binance’s Challenging Phase in the Indian Cryptocurrency Market

Binance has hit a significant roadblock in the Indian market. The catalyst for the downturn was the Indian Financial Intelligence Unit’s (FIU) stringent stance on offshore crypto exchanges. The FIU’s demand for compliance with India’s anti-money laundering laws has led to a noticeable shift, with Indian traders moving away from the company’s platform. The development

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