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India Blocks Websites of Offshore Crypto Exchanges After Non-Compliance Warning

India blocked access to websites of several offshore crypto exchanges, including Binance, Kucoin, OKX , and many others on January 12 . This action followed the removal of these platforms from the Apple App Store in the country just a few days earlier. The move is a consequence of the finance ministry issuing show-cause notices to these platforms on December 28, citing non-compliance with the country’s money laundering laws. In response to the alleged violations, the finance ministry instructed the information technology ministry to block the URLs of these platforms, leading to the recent website restrictions.

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