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India approves the first offshore crypto companies, Binance and KuCoin, after banning them in December 2023 for "operating illegally"; KuCoi


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2024-05-10 16:56:03
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Crypto Currency

Amitoj Singh / CoinDesk:

India approves the first offshore crypto companies, Binance and KuCoin, after banning them in December 2023 for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.




Amitoj Singh / CoinDesk:

India approves the first offshore crypto companies, Binance and KuCoin, after banning them in December 2023 for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.



Source: TechMeme
Source Link: http://www.techmeme.com/240510/p6#a240510p6


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