Binance Reveals Major Update For Indian Users: Details

Binance Implements Mandatory PAN Re-Verification for Indian Users Amid AML Compliance Push

In an official announcement, the platform stated that all users based in India must now submit their PAN (Permanent Account Number) card details to continue using their accounts. This move is part of Binance’s broader strategy to comply with India’s Anti-Money Laundering (AML) regulations and to enhance account security. The exchange emphasized that the new requirement is not exclusive to Binance but applies to all crypto platforms operating und…

Binance Issues KYC Re-verification Alert to Indian Users Amid Regulatory Scrutiny

The post Binance Issues KYC Re-verification Alert to Indian Users Amid Regulatory Scrutiny appeared first on Coinworldstory. Binance has informed all Indian users to complete a mandatory KYC re-verification process in compliance with local anti-money laundering laws. According to the exchange, users must submit valid PAN details, as part of requirements under Indian AML regulations. The update follows growing scrutiny from tax authorities, who a…

Binance India Goes Full Compliance Mode With Re-Verification Mandate - Invest In Crypto News

Binance just ignited a compliance revolution in India’s crypto market, enforcing full KYC re-verification to tighten security, align with AML laws, and redefine user accountability. Binance Triggers Full KYC Lockdown in India Crypto exchange Binance announced a policy update on April 18 mandating know your customer (KYC) re-verification for all users in India, regardless of […] Source link The post Binance India Goes Full Compliance Mode With Re…

Binance Demands KYC Verification from All Users in India

Binance requires Indian users to re-verify their accounts through KYC. The exchange emphasizes compliance with legal obligations for user privacy. Continue Reading:Binance Demands KYC Verification from All Users in India The post Binance Demands KYC Verification from All Users in India appeared...

Binance Confirms Permanent Account Number (PAN) Requirement for 100% of Indian Users: What’s Next?

The crypto market exchange Binance now requires users in India to use their Permanent Account Number (PAN) for updated KYC policy compliance as it adjusts to India’s changing regulatory framework. The update comes after Binance registered with India’s Financial Intelligence Unit (FIU) and meets local anti-money laundering (AML) regulations through its initiatives. The new compliance step marks Binance’s renewed commitment to operate within India…

Binance Requires KYC Re-Verification for All New and Existing Users in India to Comply With AML Rules and Ensure Data Security

Binance, a leading cryptocurrency exchange, has mandated that all users in India, both new and existing, must undergo KYC (Know Your Customer) re-verification to comply with updated anti-money laundering (AML) regulations. This requirement is part of Binance's efforts to ensure compliance with local AML rules and enhance data security. The re-verification process is mandatory for continued access to Binance's platform in India, aligning with reg…