🚨 BIG BREAKING 🚨

India put shadow BAN on these 9 major #crypto CEX🤯

#Binance  

Kucoin

Gate

Huobi

Kraken

Bittrex

Bitstamp

MEXC

Bitfinex

The Financial Intelligence Unit of India (FIU IND) has served Show Cause Notices to these nine major offshore Virtual Digital Assets Service Providers (VDA SPs) for non-compliance.

Additionally, FIU IND has contacted the Ministry of Electronics and Information Technology, urging them to block the URLs of these entities for operating in India without adhering to the Prevention of Money Laundering Act (PML Act).

This move seems to be gearing up for a major regulatory shake-up.