Binance Fined $2.25 Million by India’s FIU for Anti-Money Laundering Regulations

The post Binance Fined $2.25 Million by India’s FIU for Anti-Money Laundering Regulations appeared first on Coinpedia Fintech News The world’s leading blockchain and cryptocurrency platform Binance has been fined Rs 18.82 crore ($2.25 million) by India’s Financial Intelligence Unit (FIU) for failing to comply with anti-money laundering regulations. This fine is necessary for Binance to restart its operations in India. The penalty follows Binance’s registration with the FIU in May, which was required …

Source: coinpedia