Binance Registers as a Reporting Entity with FIU-IND: A New Chapter in India’s Crypto Market Global cryptocurrency exchange Binance has recently registered itself as a reporting entity with the Financial Intelligence Unit India (FIU-IND). This significant move comes over six months after the company received a show-cause notice from India’s finance ministry for non-compliance with the country’s anti-money laundering (AML) laws. Binance’s registration marks a pivotal moment in its operations within India, allowing the exchange to resume its services in one of the world’s largest and most vibrant digital asset markets. Background: Regulatory Challenges and the Show-Cause Notice Binance, recognized…
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