Google pulls Binance, other global crypto apps from India store

FIU, 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. Apple pulled the apps earlier this week and various telecom networks and internet service providers began blocking the URLs of the crypto exchange websites Thursday evening.
@privacy
https://techcrunch.com/2024/01/13/google-pulls-binance-other-global-crypto-apps-from-india-store/

  • labbbb@thelemmy.club
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    11 months ago

    India going to dictatorship like RuSSia when it comes to financial services, Forex brokers, cryptocurrency exchanges, payment systems, P2P’s etc., “nice”.

    There is many services that have license in offshores, so I think Indians will be fine.

  • library_napper@monyet.cc
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    11 months ago

    I support this. Honestly its foolish to install closed-source apps that have access to your finances. Better to install from f-droid anyway.

    Google should ban all finance apps from Google Play