Author: ETtech

Global cryptocurrency exchange Binance has registered with India’s virtual digital asset (VDA) monitoring agency FIU-IND after paying a penalty of Rs 18.82 crore, lifting a seven-month ban on its website and mobile application in India.Binance registration with the Financial Intelligence Unit (FIU-IND) marks its 19th global regulatory milestone, the company said in a statement on Thursday.“Recognising the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services for Indian users,” said Richard Teng, chief executive of Binance. “It is a privilege to extend the reach of our cutting-edge platform to this…