Crypto exchange Binance is reportedly contemplating a comeback to India’s market after being banned in late 2023, with the potential re-entry subject to a penalty of around $2 million, as per the Economic Times report on Thursday.
The platform’s prospective return hinges on its registration with the finance ministry’s Financial Intelligence Unit (FIU), responsible for overseeing virtual asset commerce. Binance intends to comply with relevant legislation, including the Prevention of Money Laundering Act…
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