🎉🎉Good news! Odaily Planet Daily reported that the Indian Anti-Money Laundering Department announced on Thursday that Binance, a world-renowned cryptocurrency trading platform, was fined approximately $2.2 million for violating India's anti-money laundering regulations and providing services to customers in the country. 💰💰

🔔🔔It is worth noting that in May this year, Binance, together with KuCoin, became the first offshore crypto-related entities approved by the Indian Financial Intelligence Unit (FIU), on the condition that the fine was paid after a hearing by the FIU.

📝📝FIU said in a statement: "After considering Binance's written and oral submissions, the Director of FIU-IND found that the allegations against Binance were well-founded based on the materials on record. Therefore, the Director of FIU-IND ordered a total fine of approximately $2.2 million to Binance, and clearly instructed to ensure diligent performance of obligations." 👏👏

This is a warning to the global blockchain industry and a reshuffle of the cryptocurrency market. Although it may have a certain impact on the market in the short term, in the long run, it will contribute to the healthy development of the industry. We remain optimistic about Bitcoin. 🚀🚀