Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations
By Puja Sharma
Binance has been fined $2.2 million by India’s Financial Intelligence Unit (FIU-IND) for anti-money laundering (AML) violations. The fine, imposed as part of FIU-IND’s ongoing efforts to regulate the digital asset market, was conditional upon the approval granted to Binance in May. This move underscores India’s commitment to enforcing stringent compliance measures within the Web3 […]
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