#Binance Achieves Its 19th Global Regulatory Milestone With Registration in India đźđł đȘ
Binance has registered as a reporting entity with Indiaâs Financial Intelligence Unit (FIU-IND), marking its 19th regulatory milestone globally. This registration underscores Binanceâs commitment to adhering to anti-money laundering (AML) standards and fostering a secure, transparent, and efficient ecosystem. â
Binanceâs commitment to compliance is fundamental to our business strategy, focusing on secure, transparent, and efficient operations. As Binance expands in India, it aims to foster responsible growth and contribute to the global evolution of digital assets while elevating local market standards and ensuring stronger user protections. â
Binance's website and application are now fully available for Indian users, providing them with access to Binanceâs comprehensive suite of services and tools tailored to meet their needs. â
As part of our ongoing efforts to uphold the highest regulatory standards, we are proud to announce that Binance has successfully registered as a reporting entity with Indiaâs Financial Intelligence Unit (FIU). This achievement marks Binanceâs 19th global regulatory milestone.
The registration with the FIU underscores Binanceâs commitment to compliance with anti-money laundering (AML) standards in India as well as any other jurisdiction it operates in. This step is a testament to Binanceâs dedication to fostering a secure, transparent, and efficient ecosystem, aligning with the companyâs global standards.
Richard Teng, CEO of Binance, remarked on this development, saying, âOur registration with the FIU-IND marks an important milestone in Binanceâs journey. Recognizing the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services to the needs of Indian users. It is a privilege to extend the reach of our cutting-edge platform to this thriving market, supporting Indiaâs continued VDA evolution.â