Summary
Binance aims to re-enter India after being removed earlier, by paying a $2 million fine. Several other cryptocurrency exchanges were also removed and sent compliance notices earlier this year.
Key Points
1. Binance, the cryptocurrency exchange, is looking to re-enter India by paying a $2 million fine.
2. Earlier this year, Binance and other exchanges were removed from the Apple Store in India after receiving compliance notices from India’s Financial Intelligence Unit.
3. Other exchanges that were sent notices include OKX, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.