India\“s financial regulator has detained several executives from Binance, one of the world\“s largest cryptocurrency exchanges, according to local media reports.
The executives were reportedly detained in connection with an investigation into the company\“s operations in the country.
Local authorities have been scrutinizing Binance\“s activities, amid concerns over the legality of cryptocurrency trading in India.
This development comes as the Indian government continues to take a tough stance against cryptocurrencies, with several measures being proposed to regulate the industry. |
