Binance Introduces Mandatory KYC Re-Verification for Indian Users Amid AML Push

Binance, the world’s largest crypto exchange by trading volume, has introduced a compulsory KYC (Know Your Customer) re-verification process for its users in India. This step applies to both existing and new users as the exchange looks to align with local anti-money laundering (AML) regulations. Binance Enforces Stricter KYC in India Following Past AML Violations Announced on April 18, the exchange said this re-verification step is part of its broader efforts to improve user security and comply with global regulatory standards. As part of this process, users must submit updated identity documents, including their Permanent Account Number (PAN) source: https://beincrypto.com/binance-mandates-kyc-verification-india-users/