India to block crypto exchanges Binance, Kraken websites

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Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with the local anti-money laundering act and asked the IT Ministry to block their websites. FIU said it has issued show cause © 2023 TechCrunch. All rights reserved. For personal use only.

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