Breaking: Binance Faces $2.2M Fine From India’s FIU

The leading crypto exchange, Binance, has been hit with a $2.2 million fine by India’s Financial Intelligence Unit (FIU). Notably, the penalty comes in response to Binance’s alleged non-compliance with local anti-money laundering (AML) regulations. This development marks a significant regulatory challenge for Binance as it navigates complex international financial laws. India Imposes $2.25M Fine The post Breaking: Binance Faces $2.2M Fine From India’s FIU appeared first on CoinGape .

Source: CoinGape