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India fines Binance $2.25m for money laundering

India fines Binance $2.25m for money laundering

India’s Financial Intelligence Unit has imposed a fine of $2.25m (188.2 million rupees) on Binance, the world’s largest cryptocurrency exchange, for operating in the country without registering with the agency, as required by law. The FIU made this disclosure in a statement obtained by The PUNCH from its website on Thursday. The Indian Authority said


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