Binance and KuCoin exchanges will resume operations in India after paying fines.

Binance and KuCoin exchanges will resume operations in India after paying fines.

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Binance and KuCoin exchanges will resume operations in India after paying fines.

According to a report from Coindesk (https://www.coindesk.com/policy/2024/05/10/binance-kucoin-win-registration-with-indias-financial-intelligence-unit/), cryptocurrency exchanges Binance and KuCoin have received approval from India's Financial Intelligence Unit (FIU) to resume operations in the country. KuCoin paid a fine of $41,000. The amount of the fine for Binance is not yet known.

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Binance and KuCoin exchanges will resume operations in India after paying fines.