Indian Government Set Rules for Binance to Operate in India

The Indian government has rejected Binance's request for reinstating temporary operations in India. In a stern response to Binance's plea, the government emphasised compliance with the country's laws, including PMLA (Prevention of Money Laundering Act), and urged the platform to implement necessary procedures. While Binance has settled outstanding taxes and penalties, it has not yet agreed to... source: https://www.coingabbar.com/en/crypto-currency-news/pmla-guidelines-for-binance-operation-in-india