Google Pulls Binance, Other Global Crypto Apps From India Store

Google pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India in what is the latest blow to the world’s second-largest internet market’s already dwindling web3 dream. The ban comes two weeks after these global crypto exchanges were flagged for operating illegally in the South Asian market. Financial Intelligence Unit, 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. FIU had asked India’s IT Ministry to block websites of all the nine services in India.