Binance Receives GST Notice in India for Rs. 772 Crore Payment

Binance

Binance, the world’s largest crypto exchange, has been issued a notice in India demanding a Goods and Services Tax (GST) payment of Rs. 772 crore (about $92 million). The Ahmedabad zonal unit of India’s Directorate General of GST Intelligence (DGGI) issued this notice. Although an official statement from the government is awaited, sources confirmed the … Read more

Binance, Its US Partner Being Questioned for Regulatory Compliance and Finances

Binance, one of the world’s largest cryptocurrency exchanges, and its US-based partner are currently facing increased scrutiny from regulatory authorities over their compliance and finances. The development has come amid a wider crackdown on cryptocurrency exchanges and their operations around the world. The US-based partner of Binance, Binance.US, has been under investigation by the US … Read more

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