
Binance Pays USD 2.25 Million Fine for PMLA Violations in India
The ban on international crypto exchange Binance in India has been lifted. Along with registering with the Financial Intelligence Unit (FIU) in the country, Binance has also paid a fine of $22.5 lakh. This fine was imposed in June due to the exchange’s violation of the Prevention of Money Laundering Act (PMLA). Access to the…