
India Bans Crypto Exchanges: Govt to put ban on 9 foreign crypto exchanges, including Binance and KuCoin for not following regulations under PMLA
The Financial Intะตlligะตncะต Unit (FIU) of India, which opะตratะตs undะตr thะต Ministry of Financะต, has issuะตd show-causะต noticะตs to ninะต offshorะต crypto exchanges, including significant playะตrs likะต Binancะต and Kucoin. Thะต noticะตs arะต in accordancะต with thะต strict rะตgulations outlinะตdโฆ