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India government agency seeks to block Binance and Kraken

India government agency seeks to block Binance and Kraken

TechCrunch Industry News · TechCrunch

December 29, 20233m 26s

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Show Notes

Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with the local anti-money laundering act and requested the IT Ministry to block their websites.

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