Binance Faces $2.2 Million AML Fine from India’s Financial Intelligence Unit

Recent developments highlight Binance’s ongoing regulatory challenges. India has imposed a significant fine on Binance for AML regulation violations. Global regulatory pressures are mounting for Binance and other crypto exchanges. Binance’s $2.2 million fine by India’s FIU underscores the growing regulatory scrutiny on crypto exchanges over AML compliance. India’s $2.25M Fine on Binance for AML

Source: CoinOtag