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

Binance became the first offshore crypto-related entity, along with KuCoin, to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a penalty.

Updated Jun 20, 2024, 6:55 p.m. Published Jun 20, 2024, 5:11 a.m.
Binance (Nikhilesh De/CoinDesk)
Binance (Nikhilesh De/CoinDesk)