Google pulls Binance, other global crypto apps from India store
https://techcrunch.com/2024/01/13/google-pulls-binance-other-global-crypto-apps-from-india-store/
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to already dwindling India’s crypto exchange already dwindling India’s crypto exchange.
The ban comes two weeks after these global firms were flagged for operating “illegally” in the country. Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, late last month issued show cause notices to nine crypto firms and alleged that they weren’t compliant with India’s anti-money laundering rules. Apple pulled the apps earlier this week pulled the apps earlier this week and on Thursday evening ISPs in India began blocking the URLs of the crypto exchange websites.