India – CoinCap

Crypto Exchange Seeks Indian Approval As Users Hit Roadblock

July 4, 20242 days ago CoinCap 0 Comments Binance, Bitcoin, Bitget, Cardano, Chainlink, Crypto, Crypto News, Cryptocurrency, DeFi, India, Lend, Tezos, Tron, VEChain

The Indian crypto market, once a land of opportunity, is experiencing a regulatory frost. With authorities tightening their grip, major crypto exchanges are scrambling to stay afloat, facing restricted services, hefty fines, and even exits.

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Bitget in ‘active discussions’ to receive licensing in India

July 3, 20244 days ago CoinCap 0 Comments Bitcoin, Bitget, Cardano, Chainlink, Crypto, Crypto Compliance, Cryptocurrency, Cryptocurrency Exchange, DeFi, Financial Intelligence Unit, India, Lend, Licensing, Tezos, Tron, VASP Registration, VEChain

Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.

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Binance’s global operations under fire as fines and suspensions mount

June 20, 20242 weeks ago CoinCap 0 Comments Binance, Bitcoin, Canada, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Exchanges, Featured, India, Lend, Tezos, Tron, VEChain

Binance, the world’s largest crypto exchange by trading volume, faces escalating regulatory challenges in multiple jurisdictions, including India, Canada, and the United States.
India imposes $2.2 Million fine
On June 19, India’s Financial Intelligence Unit (FIU) fined Binance 188.

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Binance fined $2.25M by India’s financial intelligence unit

June 20, 20242 weeks ago CoinCap 0 Comments AML, Anti-money laundering, Binance, Bitcoin, Cardano, Chainlink, compliance, Crypto, crypto exchange, Cryptocurrency, DeFi, Digital Assets, fine, FIU-IND, India, Lend, Penalty, PMLA, regulatory action, Tezos, Tron, VEChain

India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records.