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Prevention of Money Laundering Act

Binance lawsuit targets exchange as ‘get-away driver’ for bad actors
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22 August, 2024

Binance lawsuit targets exchange as ‘get-away driver’ for bad actors

Binance has been hit with various complaints and settlements in different jurisdictions, with a civil lawsuit filed at the U.S....
Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
India charges Binance $2.2M in penalty for non-compliance; industry praises regulatory prowess
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20 June, 2024

India charges Binance $2.2M in penalty for non-compliance; industry praises regulatory prowess

India's FIU charged Binance a penalty of $2.2 million, saying it was "substantiated" after a scrutiny that included oral and...
From ban to regulations, India’s digital asset-blockchain story has come a long way
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29 December, 2023

From ban to regulations, India’s digital asset-blockchain story has come a long way

With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward safeguarding the...
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