Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,410,778,836,391.25
  • 24h Vol: $56,194,124,380.15
  • BTC Dominance: 56.52%

Financial Intelligence Unit

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Binance Goes Live in India: Full Access for Indian Users

Leave a Comment / AML, anti-money laundering, Binance, Bitcoin, Compliance, Crypto, Crypto Hacked, Cryptocurrency, Digital Asset, Ethereum, Exchanges, Financial Intelligence Unit, India, Indian market, platform, Regulations, reporting entity, Richard Teng, VDA, X / / / , , , , , , , , , , , , , , , ,

Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […]

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Binance Hit With $87 Million Tax Bill in India

Leave a Comment / anti-money laundering, Binance, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, DGGI, Ethereum, Financial Intelligence Unit, fiu, goods and services tax, GST, India, Nest Services Limited, Taxes / / / , , , , , , , , , , ,

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees

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