India’s Financial Watchdog Fines Binance $2.2 Million for Regulatory Lapses
India’s Financial Intelligence Unit (FIU) has imposed a fine of $2.2 million on cryptocurrency exchange giant Binance. The penalty stems from alleged non-compliance with anti-money laundering (AML) regulations. The order, dated June 19, 2024, comes amid growing scrutiny of cryptocurrency exchanges in India. The
