By Jaspreet Kalra INDIA’s Financial Intelligence Unit (FIU) has imposed a fine of 188.2 million rupees ($2.25 million) on the world’s largest crypto exchange, Binance, for operating in the country in violation of local anti-money laundering regulations. India requires virtual digital asset service providers like crypto exchanges to be registered with the FIU as a…
AML, Compliance, Crypto, Financial Crime, Financial Services, News, Regulatory
NEWS: India financial watchdog imposes $2.25 million penalty on Binance
![](https://www.amlintelligence.com/wp-content/uploads/2023/06/2023-06-16T113809Z_2_LYNXMPEJ5F0F2_RTROPTP_4_FINTECH-CRYPTO-BINANCE-scaled-e1718871830940-816x349.jpg)