đŁBinance Resumes Operations in India
On August 15, Binance announced it has resumed services in India after a seven-month hiatus. The exchange is now fully compliant with local regulations, following registration with Indiaâs Financial Intelligence Unit. Despite challenges from the Reserve Bank of India and strict tax policies, Binance aims to tap into Indiaâs digital asset market. Recently, the company faced a $86 million tax claim from Indian authorities.