Binance and KuCoin return to India post regulatory approval

Binance and KuCoin return to India post regulatory approval

Binance, the top exchange for digital currencies, and its rival KuCoin have just made history by becoming the first offshore crypto company to gain approval from India’s anti-money laundering organization. This is a major milestone for both companies, especially after facing strict restrictions and accusations of illegal activities in the country. Regulatory Reconciliation and Resumption … Read more

Binance’s focus is on returning to India as an FIU-compliant platform

Binance

Binance sets its sights on India once again, after a 4-month ban imposed by the nation’s Financial Intelligence Unit (FIU) Insiders revealing that a prominent exchange has agreed to pay a hefty $2 million penalty to a regulatory body for failing to meet compliance standards. The exact calculation of the fine has yet to be … Read more

Record outflow of $942 million, Crypto breaking 7-week inflow trend

Record outflow of 942 million, Crypto breaking 7-week inflow trend

From a record-breaking inflow of $2.92 billion to a staggering outflow of $942 million, the crypto investment market has been on a wild ride from March 16 to 22. CoinShares experts report a remarkable seven-week streak of positive growth. In just a short span of time, a whopping $12.3 billion flowed into various investment instruments. … Read more