India Probes Binance & WazirX Over Cross-Border Crypto Risks
India has launched a high-stakes investigation into cryptocurrency exchanges Binance and WazirX amid growing concerns about national security threats, cross-border fund transfers, and the use of crypto in potentially illegal activities. The probe, led by India’s Financial Intelligence Unit (FIU-IND) and supported by the Enforcement Directorate (ED), reflects the country’s
Bybit Secures India Clearance After $1M Fine
Dubai-based cryptocurrency exchange Bybit has successfully registered with India’s Financial Intelligence Unit (FIU-IND) after paying a fine of ₹92.7 million ($1 million) for operating without authorization. This marks a significant step towards compliance with Indian regulations, allowing the exchange to resume services in the country. Regulatory Roadblock and Suspension In
