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Tag: FIU

Financial Intelligence Unit imposes ₹18.82 crore penalty on crypto exchange Binance for violating anti-money-laundering regulations

Posted on June 20, 2024 By admin
Financial Intelligence Unit imposes ₹18.82 crore penalty on crypto exchange Binance for violating anti-money-laundering regulations

In May, Binance had registered with the FIU as the exchange sought to resume operations, after the watchdog FIU issued show-cause notices to nine offshore exchanges operating in violation of rules. | Photo Credit: Reuters Financial Intelligence Unit (FIU) has imposed a fine of ₹18.82 crore ($2.25 million) on the crypto exchange Binance for operating…

Read More “Financial Intelligence Unit imposes ₹18.82 crore penalty on crypto exchange Binance for violating anti-money-laundering regulations” »

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