Binance Faces $2.2M Fine for Anti-Money Laundering Violations in India

binance-faces-$2.2m-fine-for-anti-money-laundering-violations-in-india

Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”).

Key Takeaways Binance, the world’s largest cryptocurrency exchange, has been slapped with a substantial fine of approximately $2.2 million (INR18.82 crore) by India’s Financial Intelligence Unit (FIU) for violating the nation’s anti-money laundering regulations. The Ongoing Regulatory Crackdown This punitive measure comes after a series of compliance notices were issued to Binance and eight other […]

The post Binance Faces $2.2M Fine for Anti-Money Laundering Violations in India appeared first on AlexaBlockchain.

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