All by tag: India

The authorities started testing the asset in retail and wholesale payments back in 2022

Experts noted that the ban on offshore exchanges in the country did not have much impact on their use

Officials are looking into P2P communications in the messenger for illegal activities

The company also accused unnamed third parties of trying to interfere with the restructuring process

Earlier, the exchange had already paid $2,3 million to India’s financial intelligence agency for repeatedly violating AML laws

The exchange’s website was blocked in the country at the request of the financial intelligence agency

Earlier, the exchange’s app and website were blocked on the territory of the country

Earlier, the local financial intelligence agency accused the platforms of violating AML laws

Financial Intelligence called for platform websites to be blocked in the country

According to the regulator, in its current form, such assets do not bring benefits to the economy

Earlier, the Kenyan authorities recommended suspending the project’s activities at the local level

The pilot project involves HDFC, ICICI, Axis, Yes, and IndusInd, as well as JPMorgan’s GIFTCity unit