Source

April

The post <a href="https://coinpedia.org/news/binance-is-back-to-india/">Binance Back Online in India After Paying ₹18.82 Crore Fine</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Binance website URL is now accessible in India. URLs of 9 offshore crypto exchanges including Binance, OKX, Kucoin were blocked by Govt. of India on January 12, 2024. These platforms received show-cause notice from the finance ministry in December 2023 for not complying with India’s anti money laundering laws. Kucoin was the first offshore crypto exchange to register with FIU and after paying a fine of&nbsp; ₹34.5 lakh &nbsp;its URL was unblocked in March.&nbsp; 
Binance filed for FIU registration in April and was fined ₹18.82 Crore while OKX decided to discontinue its services in India. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large is-resized">
 <img decoding="async" width="1024" height="543" src="https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1-1024x543.png" alt="" class="wp-image-332603" style="width: 100%;height:auto" srcset="https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1-1024x543.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1-300x159.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1-768x407.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1-150x80.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/07/30013849/binance-website-1.png 1325w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
 Source : Binance official website
 </figcaption>
 </figure>
</div> 
Even though Binance URL is now accessible, the app is yet to reappear on Play store and App Store. There is still no update or announcement from the official Binance on its social media or blog, however people are able to access the website. This might be a signal that Binance URL has been unblocked completely.

Binance Back Online in India After Paying ₹18.82 Crore Fine

CoinPedia News

Другие статьи, опубликованные 29 июл. 2024 г.

OKX Launches Hamster Kombat Pre-Market Futures Trading Today

Unbound Launches A Bitcoin Avenue To Portuguese And EU Citizenship

AIOZ Network Joins Top 100 Cryptos, Boosts Ecosystem with Sei

BORPA: The Crypto Phenomenon That is Conquering Stakeland!

Cardano Investors Hold ADA Longer

Netherlands Finance Ministry Reportedly Blocks Additional Funding for AFM’s Crypto Sector Supervi...

Join our free newsletter for daily crypto updates!