Apple Pulls Binance, Other Crypto Apps From India Store

Apple has pulled apps of at least nine crypto exchanges including Binance and Kraken from its App Store in India, less than two weeks after most of these global firms were flagged for operating "illegally" in the country. From a report: Financial Intelligence Unit, 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. FIU had asked India's IT Ministry to block websites of all the nine services in India. Other exchanges whose apps have been pulled are Huobi, Gate.io, Bittrex, and Bitfinex. Bitstamp, another offending exchange named by FIU, was still operational on App Store in India, though the eponymous app of OKX had also disappeared.

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