Amitoj Singh / CoinDesk:

India approves the first offshore crypto companies, Binance and KuCoin, after banning them in December 2023 for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

Amitoj Singh / CoinDesk:

India approves the first offshore crypto companies, Binance and KuCoin, after banning them in December 2023 for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

Source: TechMeme
Source Link: http://www.techmeme.com/240510/p6#a240510p6