{"id":824415,"date":"2024-06-21T09:16:03","date_gmt":"2024-06-21T03:46:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=824415"},"modified":"2024-06-21T09:28:15","modified_gmt":"2024-06-21T03:58:15","slug":"financial-watchdog-imposes-rs-18-82-cr-penalty-on-crypto-exchange-binance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/21\/financial-watchdog-imposes-rs-18-82-cr-penalty-on-crypto-exchange-binance\/","title":{"rendered":"Financial watchdog imposes Rs 18.82 cr penalty on crypto exchange Binance"},"content":{"rendered":"<p>The Financial Intelligence Unit (FIU) has put a fine of Rs 18.82 crore on Binance, the world&#8217;s largest cryptocurrency exchange, for operating in India in violation of domestic anti-money laundering regulations. <\/p>\n<p>Binance registered with the FIU in May as it sought to resume operations in the country after being issued a show-cause notice by the financial watchdog in December 2023, along with eight other offshore exchanges that were operating in violation of local rules.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Intelligence Unit (FIU) has put a fine of Rs 18.82 crore on Binance, the world&#8217;s largest cryptocurrency exchange, for operating in India in violation of domestic anti-money laundering regulations. Binance registered with the FIU in May as it sought to resume operations in the country after being issued a show-cause notice by the financial watchdog in December 2023, along with eight other offshore exchanges that were operating in violation of local rules.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-824415","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=824415"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824415\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=824415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=824415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=824415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}