10 May 2024

Binance and KuCoin become the first offshore crypto entities to get India's approval, after being banned for "operating illegally"; KuCoin paid a $41K fine (Amitoj Singh/CoinDesk)

Amitoj Singh / CoinDesk:
Binance and KuCoin become the first offshore crypto entities to get India's approval, after being banned for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

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