Binance Slapped with $2.25 Million Fine by Indian Financial Regulator
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India’s Financial Intelligence Unit (FIU) has fined Binance, the world’s largest cryptocurrency exchange, $2.25 million for allegedly operating in the country without complying with anti-money laundering regulations. This marks the first time an offshore crypto exchange has been penalized by the FIU. Reportedly, Binance, along with KuCoin, has become the first offshore crypto company to The post Binance Slapped with $2.25 Million Fine by Indian Financial Regulator appeared first on Coin Edition .
Source: Coin Edition
