Tags: DIA

Currently, India only regulates crypto under anti-money laundering and electronic funds transfer laws, but wider regulations are under review.

The exchange cited compliance upgrades for improved security and to prevent misuse by bad actors as the reason for halting withdrawals.

Binance faces $86M in unpaid GST demands and scrutiny over $480M in transaction fees reportedly funneled to Nest Services Ltd.

The suspect reportedly opened an account under a fake name and sold it to an accomplice, who then allegedly used it to hack the exchange.

WazirX allegedly moved millions to Bybit and KuCoin, but CEO Shetty defended the actions as necessary while securing a new custodian.

Binance provided analytical support to Delhi Police that helped in tracing laundered funds and fake SIMs in a solar scam operation.

Binance said the ED was able to uncover the scam network thanks to critical intelligence from its financial investigative unit.