Binance and Kucoin, have secured registration as Virtual Asset Service Providers (VASPs) with India’s Financial Intelligence Unit (FIU). Previously banned due to violations of anti-money laundering regulations, these exchanges have now cleared regulatory hurdles, marking a pivotal moment in India’s crypto landscape.
Binance and Kucoin: Approved by FIU India
Reports confirm that both Binance and Kucoin have received approval from FIU-IND to operate as VASPs in India.·
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