Apple pulls Binance and other crypto apps from India App Store
At least nine crypto apps were removed with little warning
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At least nine crypto apps were removed with little warning
Besides Binance, notice has been issued to Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.
The Indian finance ministry has also written to Ministry of Electronics and Information Technology to block the URLs of the nine entities that it says are operating illegally without complying with money laundering laws.
FIU-IND is the national agency responsible for receiving, processing, analysing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign FIUs. The agency is under the Finance Ministry.
Global exchange Kucoin offers over 700 cryptocurrencies, multiple payment options, and NFTs, but US traders get only limited access.