• Written by: Lipika Deka
  • Thu, 20 Jun 2024
  •   Estonia

Binance, one of the world’s leading cryptocurrency exchanges, was recently fined roughly $ 2.25 million or Rs. 18.82 crores by India’s Financial Intelligence Unit [FIU]. The order, dated June 19, 2024, cited multiple violations of the Prevention of Money Laundering Act [PMLA], 2002, as a Virtual Digital Asset Service Provider. The financial watchdog alleged that […]

India Hits Binance with $2.25M Fine for PMLA Breach