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Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store

Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine entities were sent compliance show cause notices by the nation's government. OKX, another prominent offshore cryptocurrency exchange, has also been removed from the Apple India app store even though it wasn’t sent a show cause notice. On Dec. 28, India’s Financial Intelligence Unit (FIU) which falls under the nation’s Finance Ministry, issued compliance show cause notices under its Prevention of Money Laundering Act (PMLA). The government also took the first steps to block the URLs of "said entities that are operating illegally without complying.

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