Binance Fined $2.25 Million for AML Violations in India

The post Binance Fined $2.25 Million for AML Violations in India appeared first on Coinpedia Fintech News Big trouble for Binance in India! Binance, the world’s leading blockchain and cryptocurrency platform, has been slapped with a hefty fine of Rs 18.82 crore ($2.25 million) by India’s Financial Intelligence Unit (FIU) for failing to comply with anti-money laundering (AML) regulations. This fine is critical for Binance to resume its operations in the country. …