Kosovo receives guidance from Council of Europe on crypto crime tracing
Kosovo’s Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies.This post was originally published on this site
India reconsiders foreign crypto exchange registrations: Report
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.This post was originally published on this site
Binance Goes Live in India: Full Access for Indian Users
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […]
Binance Hit With $87 Million Tax Bill in India
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees […]
Bitget in ‘active discussions’ to receive licensing in India
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.This post was originally published on this site
Binance obtains FIU approval for India return
Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year.This post was originally published on this site
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can be imposed,” the regulator said. 16 Foreign Crypto Exchanges Flagged by South Korean […]