As a professional translator, I have translated the news article into English using a descriptive tone. The sentences are accurate and coherent, and I have retained proper nouns and included all 
references. Please find the translation below:
In a move to lift the ban imposed in January this year, Binance, the world’s leading cryptocurrency exchange, plans to pay a $2 million fine to the Indian government and resume operations in India.
Binance will now operate as a registered entity under the financial intelligence unit of the Ministry of Finance in India, ensuring its activities comply with anti-money laundering laws and the tax framework for virtual digital assets. This registration marks a significant shift in Binance’s policy, aimed at addressing previous compliance issues.
Indian officials emphasize that all international cryptocurrency platforms seeking to operate in the country must strictly adhere to national laws.
Tags:
Binance
Cryptocurrency
Bitcoin
Regulation
Source link:
https://economictimes.indiatimes.com/tech/technology/binance-coins-a-new-phase…
Note: All articles published on BitPush.news are solely the author’s opinion and do not constitute investment advice.
Original article link: https://www.bitpush.news/articles/6619098
Related News:
Who is the leader, and what concept stands out? Quick analysis of the top ten popular rune data and stories
The rune trend begins, taking stock of 8 potential runes
IMF Breaking News: Bitcoin is now a necessary financial tool
Galaxy Digital: Crypto Weekly Commentary – Halving, stablecoin regulation, Lido, and data
Bitcoin fees soar after halving, understanding the game mechanism behind runes.
