Monday, June 23, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Regulations

Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June

n70products by n70products
August 17, 2024
in Regulations
0
Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Crypto alternate Binance is resuming its providers in India after complying with the nation’s registration necessities.

Late final yr, India blocked Binance together with almost a dozen international crypto exchanges for failing to register as a reporting entity with the Monetary Intelligence Unit (FIU) as required by the nation’s anti-money laundering legislation.

In June, the FIU additionally imposed a superb of $2.25 million on the world’s largest crypto alternate for violating native laws.

On Thursday, following months of hiatus, Binance says its web site and utility at the moment are out there to its customers in India. The announcement comes after the alternate registered as a reporting entity with the FIU in Could.

“The registration with the FIU underscores Binance’s dedication to compliance with anti-money laundering (AML) requirements in India in addition to every other jurisdiction it operates in. This step is a testomony to Binance’s dedication to fostering a safe, clear, and environment friendly ecosystem, aligning with the corporate’s world requirements.”

In keeping with the 2023 World Crypto Adoption Index from market intelligence platform Chainalysis, India is the world’s chief in grassroots crypto adoption. The nation can be among the many high 5 nations when it comes to estimated transaction quantity throughout crypto exchanges, lending protocols and token good contracts.

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Examine Price Action

Observe us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.

Generated Picture: Midjourney





Source link

Tags: BinanceFinancialfineIndiasintelligenceJuneRegistrationSecuresUnit
Previous Post

Ethereum gas fees tank to 5-year lows: What’s behind the drop?

Next Post

Son Of Donald Trump Says He ‘Fell In Love With Crypto’

Next Post
Son Of Donald Trump Says He ‘Fell In Love With Crypto’

Son Of Donald Trump Says He 'Fell In Love With Crypto'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ripple Releases White Paper Reaffirming Its Belief in CBDCs

Ripple Releases White Paper Reaffirming Its Belief in CBDCs

December 17, 2023
XRP Bulls Return—Will This Be the Breakout to $3?

XRP Bulls Return—Will This Be the Breakout to $3?

February 20, 2025
DOT Price (Polkadot) Holds Strong At $6.6, Signs Point To Fresh Rally Ahead

DOT Price (Polkadot) Holds Strong At $6.6, Signs Point To Fresh Rally Ahead

December 18, 2023
XRPL Powers $16B Dubai Real Estate Tokenization

XRPL Powers $16B Dubai Real Estate Tokenization

May 27, 2025
Here’s the Path to ‘Hundreds of Trillions’ of Dollars for Blockchain Industry, According to Sergey Nazarov

Here’s the Path to ‘Hundreds of Trillions’ of Dollars for Blockchain Industry, According to Sergey Nazarov

October 30, 2024
Bitcoin-based collections have an edge over Ethereum NFTs – Here’s why

Bitcoin-based collections have an edge over Ethereum NFTs – Here’s why

March 18, 2024

Recent Posts

  • Bitcoin alert! – Should BTC traders brace for $82K in a market reset?
  • RISE Act Provides AI Guardrails but Not Enough Detail
  • The Thawing Frontier | Ethereum Foundation Blog

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Bitcoin alert! – Should BTC traders brace for $82K in a market reset?

Bitcoin alert! – Should BTC traders brace for $82K in a market reset?

June 23, 2025
RISE Act Provides AI Guardrails but Not Enough Detail

RISE Act Provides AI Guardrails but Not Enough Detail

June 22, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version