Apple has recently decided to remove popular cryptocurrency exchange, Binance, from its India App Store. This move has caused quite a stir among crypto enthusiasts and Apple users in the country.
In a statement, Apple said that Binance does not comply with its guidelines for the App Store, which includes a requirement to be licensed and regulated in the user\“s country. This decision has been taken to ensure compliance and protect users from potential risks associated with unregulated exchanges.
However, this decision has upset many in the crypto community, who feel that Apple is unfairly targeting Binance and possibly other cryptocurrency related apps. The removal of Binance from the App Store may lead to increased demand for alternative platforms or the use of unauthorized apps, which can be risky for users.
Despite the removal, Binance remains a popular choice among Indian cryptocurrency users. Many are now seeking alternative ways to access the platform, either through the web or by downloading the app from other sources. |
