India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers. https://static.news.bitcoin.com/wp-content/uploads/2024/05/india-binance-kucoin.jpg
The approval of Binance and Kucoin as VASPs indicates that the Indian government is willing to work with global exchanges to ensure compliance with anti-money laundering (AML) regulations and enhance transparency in crypto transactions . It also signifies a credibility shift for the crypto industry in India .