Show Cause Notices Sent To Binance, Other 8 Crypto Platforms For Illegal Operations In India

2023 • 7min • News • Business


Published On: December 29, 2023 - India's Ministry of Finance, through its Financial Intelligence Unit (FIU), has taken action against 9 offshore cryptocurrency platforms. Show-cause notices have been issued under the Prevention of Money Laundering Act (PMLA) to major virtual digital asset platforms like Binance and Kucoin. Join News9's Shweta Kothari and Udisha Srivastav for more.