Binance Fined $2.2M by India’s Financial Intelligence Unit

Binance Fined $2.2M by India’s Financial Intelligence Unit

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Source: Coindesk.com

India’s Financial Intelligence Unit imposes $2.2 million fine in Binance. The anti-money laundering unit approved Binance in May, conditional to penalty payment.

Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules,

Read More https://www.coindesk.com/policy/2024/06/20/binance-fined-22-million-by-indias-financial-intelligence-unit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Binance Fined $2.2M by India’s Financial Intelligence Unit" appeared first here Coindesk.com.

Source: Coindesk.com

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