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BIG NEWS FOR CRYPTO-CURRENCY: BINANCE TO RESTART OPERATIONS IN INDIA AFTER PAYING A PENALTY OF $2,000,000. PRICES COULD BE ROCKETING🚀🚀 IN THE NEXT FEW MONTHS
Binance the largest crypto exchange in the world was officially banned in India on the 14th of January, 2024 for non compliance with India's anti money laundering laws.
This move put the over 115 million crypto users in India at a disadvantage.
Before the Ban Binance accounted for nearly 90% of the estimated $4 billion crypto holdings of Indian Nationals
Right now Binance has settled it's issues and registered with India's Financial intelligence unit.
This would bring back more than 100 million users into the market and nearly $4 billion dollars. With this in view we would have more funds coming into the market thereby helping the prices to soar and grow more significantly.
Good days for crypto currencies in the coming days.
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