Google pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India on Saturday, the latest blow to India's already dwindling Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India.
Google pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India on Saturday in what is the latest blow to the world's second largest internet market's already dwindling web3 dream. The ban comes two weeks after these global crypto exchanges were flagged for operating “illegally” in the South Asian market. 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.
Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple's App Store in India, less than two weeks Binance, Kraken, Mexc, Kucoin and five other crypto exchanges flagged for operating "illegally" in India have been pulled from the App Store in the country