India to ban BINANCE?

Show cause notice to Binance and 8 other crfypto firm

CRYPTO

12/29/20231 min read

silver and gold round coins
silver and gold round coins

India to ban BINANCE?

On Thursday a show cause notice is sent to Binance and 8 other crypto firms, Kucoin and Huobi are under the list.

The notices were issued under money laundering laws by FIU, India.

The notice is issued under the prevention of money laundering act, this notice has created chaos in the investors and this will definitely going to effect the crypto market.

Investors will definitely keep an eye on this news and will be definitely following and wait for the answers by Binance and other crypto firms, this is definitely going to shape the future of crypto trading.