Binance India

Binance Suspends Cash Payments for P2P Crypto Trading in India

June 3, 2024

Major cryptocurrency exchange Binance has suspended cash payments for peer-to-peer (P2P) trading in India, citing regulatory compliance and enhanced security measures. The move comes amid a backdrop of increasing scrutiny of the crypto industry by Indian authorities. Effective immediately, Binance users in India can

Policy·Regulation

Binance to Resume Operations in India Following $2 Million Regulatory Settlement

April 18, 2024

Binance, the world’s largest cryptocurrency exchange, is making a significant move to re-enter the Indian market after a four-month ban. The exchange has agreed to pay a $2 million penalty for non-compliance with local regulations, according to reports from Indian media on Thursday. This marks a major step towards resolving the exchange’s regulatory issues in