{"id":135631,"date":"2024-08-15T17:30:07","date_gmt":"2024-08-15T14:30:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135631"},"modified":"2024-08-15T14:38:46","modified_gmt":"2024-08-15T11:38:46","slug":"binance-resumes-operations-in-india-after-7-months-ban","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-resumes-operations-in-india-after-7-months-ban\/","title":{"rendered":"Binance Resumes Operations in India After 7 Months Ban"},"content":{"rendered":"<p>On August 15, Binance again made its website and apps available to Indian crypto investors. The re-entry follows Binance\u2019s registration as a reporting entity with India\u2019s Financial Intelligence Unit (FIU-IND), fulfilling a legal requirement for all crypto exchanges operating in India to combat money laundering.<\/p>\n<p>Earlier in January, FIU-IND blocked Binance and eight other exchanges for failing to register with law enforcement. Although Binance registered with the Indian government, the company has not confirmed whether it has paid the $2.25 million fine previously imposed for non-compliance.<\/p>\n<p>Binance\u2019s CEO, Richard Teng, stressed the importance of complying with Indian regulations, highlighting India as a key market with high transaction volumes.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135562\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-wallet-exodus-sees-significant-revenue-growth\/\" title=\"Crypto Wallet Exodus Sees Significant Revenue Growth\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/Exodus-wallet-review-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Wallet Exodus Sees Significant Revenue Growth<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This listing marks Binance\u2019s 19th global regulatory milestone, reaffirming its commitment to adhering to strict regulations and fostering a secure environment in the Indian crypto market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Binance<\/a> goes live in India \ud83c\uddee\ud83c\uddf3<\/p>\n<p>Binance is now registered as a reporting entity with India\u2019s Financial Intelligence Unit, marking our 19th global regulatory milestone!<\/p>\n<p>Our website and app are now fully available for Indian users.<\/p>\n<p>Read more \ud83d\udc47<a href=\"https:\/\/t.co\/samyDmwwut\" rel=\"nofollow\">https:\/\/t.co\/samyDmwwut<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1823969973510767000?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance, a major crypto exchange, has reappeared on India&#8217;s Google Play Store and Apple&#8217;s App Store after a seven-month ban for failing to comply with local regulations.<\/p>\n","protected":false},"author":3,"featured_media":33840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[426,424],"coin_category":[],"class_list":["post-135631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-binance","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast 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